Short Interest in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Expands By 25.6%

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 496,000 shares, an increase of 25.6% from the September 30th total of 394,900 shares. Based on an average daily volume of 545,900 shares, the days-to-cover ratio is presently 0.9 days.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Up 1.5 %

Shares of BOTZ stock traded up $0.49 during mid-day trading on Monday, hitting $32.12. 343,883 shares of the company’s stock were exchanged, compared to its average volume of 808,564. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25. The stock has a 50-day simple moving average of $31.25 and a two-hundred day simple moving average of $30.87. Global X Robotics & Artificial Intelligence Thematic ETF has a fifty-two week low of $22.40 and a fifty-two week high of $33.60.

Institutional Trading of Global X Robotics & Artificial Intelligence Thematic ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Avondale Wealth Management purchased a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the 2nd quarter worth about $25,000. Pathway Financial Advisers LLC acquired a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the 1st quarter valued at $29,000. AlphaMark Advisors LLC grew its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 42.9% during the 2nd quarter. AlphaMark Advisors LLC now owns 2,000 shares of the company’s stock valued at $62,000 after buying an additional 600 shares during the period. Park Place Capital Corp acquired a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the 3rd quarter worth $64,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the 2nd quarter worth $65,000.

About Global X Robotics & Artificial Intelligence Thematic ETF

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.