ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update
by Renee Jackson · The Cerbat GemROBO Global Robotics & Automation ETF (NYSEARCA:ROBO – Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 92,960 shares, a decrease of 59.5% from the April 30th total of 229,534 shares. Based on an average daily volume of 191,792 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are short sold.
ROBO Global Robotics & Automation ETF Price Performance
Shares of ROBO Global Robotics & Automation ETF stock traded down $0.28 during trading on Friday, reaching $88.64. 233,996 shares of the company traded hands, compared to its average volume of 215,322. ROBO Global Robotics & Automation ETF has a 1-year low of $55.33 and a 1-year high of $90.10. The company has a 50 day moving average price of $78.52 and a 200-day moving average price of $74.23. The firm has a market capitalization of $1.94 billion, a PE ratio of 23.13 and a beta of 1.39.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Archer Investment Corp acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 4th quarter valued at $30,000. Atlas Capital Advisors Inc. acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 4th quarter valued at $39,000. GPS Wealth Strategies Group LLC lifted its position in shares of ROBO Global Robotics & Automation ETF by 2,118.6% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 2,263 shares of the company’s stock valued at $148,000 after acquiring an additional 2,161 shares during the period. Strive Financial Group LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF during the 4th quarter valued at $264,000. Finally, Farther Finance Advisors LLC lifted its position in shares of ROBO Global Robotics & Automation ETF by 15.5% during the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock valued at $360,000 after acquiring an additional 699 shares during the period.
About ROBO Global Robotics & Automation ETF
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.