First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Short Interest Update

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 45,000 shares, an increase of 121.7% from the November 30th total of 20,300 shares. Based on an average trading volume of 52,300 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ROBT. Arkadios Wealth Advisors bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 2nd quarter worth $206,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 42,011 shares of the company’s stock valued at $1,779,000 after buying an additional 1,954 shares in the last quarter. Belpointe Asset Management LLC grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.5% during the 2nd quarter. Belpointe Asset Management LLC now owns 36,166 shares of the company’s stock valued at $1,531,000 after acquiring an additional 6,888 shares during the period. SRS Capital Advisors Inc. grew its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 8.1% during the 2nd quarter. SRS Capital Advisors Inc. now owns 16,543 shares of the company’s stock valued at $700,000 after acquiring an additional 1,236 shares during the period. Finally, TAP Consulting LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.7% in the 2nd quarter. TAP Consulting LLC now owns 44,363 shares of the company’s stock worth $1,878,000 after acquiring an additional 1,991 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

Shares of NASDAQ ROBT traded down $0.49 during midday trading on Friday, hitting $45.74. 69,964 shares of the company’s stock traded hands, compared to its average volume of 68,630. The firm has a fifty day moving average of $45.90 and a 200 day moving average of $43.63. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1 year low of $36.91 and a 1 year high of $48.73. The stock has a market capitalization of $455.11 million, a price-to-earnings ratio of 29.47 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.223 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.