ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 229,534 shares, a growth of 769.1% from the April 15th total of 26,411 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 120,504 shares, the days-to-cover ratio is presently 1.9 days.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 5.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,100 shares of the company’s stock worth $417,000 after acquiring an additional 295 shares during the last quarter. Beck Capital Management LLC grew its position in ROBO Global Robotics & Automation ETF by 4.1% during the 4th quarter. Beck Capital Management LLC now owns 10,544 shares of the company’s stock worth $731,000 after purchasing an additional 419 shares during the last quarter. Archer Investment Corp purchased a new position in ROBO Global Robotics & Automation ETF during the 4th quarter worth approximately $30,000. Atlas Capital Advisors Inc. acquired a new stake in ROBO Global Robotics & Automation ETF during the 4th quarter worth about $39,000. Finally, Cloud Capital Management LLC purchased a new stake in ROBO Global Robotics & Automation ETF in the 3rd quarter worth approximately $38,000.

ROBO Global Robotics & Automation ETF Stock Performance

NYSEARCA ROBO opened at $87.26 on Thursday. The company has a market capitalization of $1.91 billion, a P/E ratio of 23.13 and a beta of 1.39. ROBO Global Robotics & Automation ETF has a one year low of $54.78 and a one year high of $87.50. The stock has a 50 day moving average price of $75.09 and a 200-day moving average price of $72.76.

ROBO Global Robotics & Automation ETF Company Profile

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.