Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Sees Significant Increase in Short Interest

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 3,090,075 shares, an increase of 78.5% from the May 31st total of 1,731,168 shares. Currently, 3.4% of the company’s shares are short sold. Based on an average trading volume of 1,050,163 shares, the days-to-cover ratio is currently 2.9 days.

Global X Robotics & Artificial Intelligence ETF Stock Up 0.3%

Shares of BOTZ stock opened at $38.06 on Thursday. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 27.41 and a beta of 1.45. The stock has a fifty day moving average of $38.77 and a 200 day moving average of $37.37. Global X Robotics & Artificial Intelligence ETF has a 52 week low of $31.87 and a 52 week high of $41.71.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be given a $0.018 dividend. The ex-dividend date of this dividend is Monday, June 29th.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of large investors have recently modified their holdings of the stock. Modus Advisors LLC purchased a new position in shares of Global X Robotics & Artificial Intelligence ETF during the fourth quarter valued at about $31,000. Saranac Partners Ltd purchased a new stake in Global X Robotics & Artificial Intelligence ETF in the third quarter worth about $32,000. First Command Advisory Services Inc. bought a new stake in Global X Robotics & Artificial Intelligence ETF during the 4th quarter valued at approximately $35,000. Rossby Financial LCC boosted its position in Global X Robotics & Artificial Intelligence ETF by 63.3% during the 4th quarter. Rossby Financial LCC now owns 1,349 shares of the company’s stock valued at $49,000 after acquiring an additional 523 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in Global X Robotics & Artificial Intelligence ETF by 14.1% during the 4th quarter. Parallel Advisors LLC now owns 2,296 shares of the company’s stock valued at $83,000 after acquiring an additional 284 shares in the last quarter.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.