Short Interest in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Declines By 28.6%

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 706,200 shares, a decrease of 28.6% from the November 30th total of 988,700 shares. Based on an average daily trading volume, of 460,800 shares, the days-to-cover ratio is currently 1.5 days.

Global X Robotics & Artificial Intelligence Thematic ETF Trading Down 1.2 %

Shares of NASDAQ:BOTZ traded down $0.40 during mid-day trading on Friday, reaching $32.52. The stock had a trading volume of 446,613 shares, compared to its average volume of 751,948. The firm has a 50 day simple moving average of $32.82 and a two-hundred day simple moving average of $31.57. Global X Robotics & Artificial Intelligence Thematic ETF has a twelve month low of $26.60 and a twelve month high of $34.26. The firm has a market cap of $2.59 billion, a PE ratio of 42.68 and a beta of 1.25.

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

Large investors have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 13.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 156,515 shares of the company’s stock valued at $4,828,000 after buying an additional 18,974 shares during the period. Sterling Investment Advisors Ltd. grew its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 28.7% in the second quarter. Sterling Investment Advisors Ltd. now owns 93,295 shares of the company’s stock valued at $2,878,000 after acquiring an additional 20,800 shares during the period. Farmers & Merchants Investments Inc. bought a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the second quarter worth about $98,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the second quarter worth about $65,000. Finally, Wedbush Securities Inc. lifted its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 5.7% during the 2nd quarter. Wedbush Securities Inc. now owns 18,398 shares of the company’s stock valued at $568,000 after purchasing an additional 989 shares in the last quarter.

Global X Robotics & Artificial Intelligence Thematic ETF Company Profile

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.