ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Large Growth in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,332 shares, a growth of 139.2% from the June 30th total of 3,065 shares. Based on an average trading volume of 52,213 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.4% of the shares of the company are short sold.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

HTEC stock opened at $37.77 on Tuesday. ROBO Global Healthcare Technology and Innovation ETF has a 52-week low of $27.68 and a 52-week high of $39.15. The firm has a market cap of $74.78 million, a P/E ratio of -10,556.18 and a beta of 1.05. The company’s 50-day simple moving average is $36.20 and its 200-day simple moving average is $35.20.

About ROBO Global Healthcare Technology and Innovation ETF

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.