Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Short Interest Up 35.9% in May

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 986,000 shares, an increase of 35.9% from the May 15th total of 725,600 shares. Based on an average trading volume of 735,600 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence Thematic ETF

Institutional investors have recently bought and sold shares of the stock. Kingswood Wealth Advisors LLC bought a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth about $249,000. Creative Financial Designs Inc. ADV raised its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 41.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 11,982 shares of the company’s stock worth $341,000 after buying an additional 3,511 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 3.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 153,553 shares of the company’s stock worth $4,376,000 after buying an additional 5,554 shares in the last quarter. Fisher Asset Management LLC raised its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 9.2% in the fourth quarter. Fisher Asset Management LLC now owns 718,079 shares of the company’s stock worth $20,465,000 after buying an additional 60,401 shares in the last quarter. Finally, Ramirez Asset Management Inc. bought a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the third quarter worth about $30,000.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Down 0.7 %

Shares of NASDAQ:BOTZ traded down $0.22 during midday trading on Friday, hitting $31.40. 556,424 shares of the stock traded hands, compared to its average volume of 1,010,060. The stock has a market capitalization of $2.75 billion, a PE ratio of 42.68 and a beta of 1.25. The business’s 50 day moving average is $30.80 and its two-hundred day moving average is $29.94. Global X Robotics & Artificial Intelligence Thematic ETF has a one year low of $22.26 and a one year high of $33.60.

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.