VanEck Robotics ETF (NASDAQ:IBOT) Sees Significant Growth in Short Interest

VanEck Robotics ETF (NASDAQ:IBOT) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 8,200 shares, an increase of 127.8% from the September 30th total of 3,600 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is currently 1.5 days.

VanEck Robotics ETF Trading Up 0.2 %

VanEck Robotics ETF stock traded up $0.07 during trading hours on Friday, reaching $42.92. 1,678 shares of the company were exchanged, compared to its average volume of 3,627. VanEck Robotics ETF has a 12 month low of $32.49 and a 12 month high of $47.21. The stock has a 50-day moving average of $43.61 and a 200 day moving average of $43.64. The firm has a market cap of $15.02 million, a price-to-earnings ratio of 30.14 and a beta of 1.34.

VanEck Robotics ETF Company Profile

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.