ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Up 132.7% in June

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 170,988 shares, an increase of 132.7% from the June 15th total of 73,495 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 240,304 shares, the short-interest ratio is presently 0.7 days.

ROBO Global Robotics & Automation ETF Price Performance

NYSEARCA:ROBO traded down $0.95 during midday trading on Thursday, reaching $79.60. The stock had a trading volume of 91,060 shares, compared to its average volume of 223,390. The stock has a market capitalization of $1.94 billion, a P/E ratio of 23.13 and a beta of 1.40. ROBO Global Robotics & Automation ETF has a 1-year low of $60.72 and a 1-year high of $90.51. The firm’s fifty day simple moving average is $84.87 and its 200-day simple moving average is $77.89.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

A number of institutional investors have recently made changes to their positions in ROBO. Curbstone Financial Management Corp lifted its position in shares of ROBO Global Robotics & Automation ETF by 4.0% during the 4th quarter. Curbstone Financial Management Corp now owns 24,480 shares of the company’s stock worth $1,697,000 after purchasing an additional 940 shares during the last quarter. Captrust Financial Advisors increased its position in ROBO Global Robotics & Automation ETF by 6.4% in the 2nd quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock worth $1,362,000 after buying an additional 1,367 shares during the period. Advisory Services Network LLC increased its position in ROBO Global Robotics & Automation ETF by 1,820.6% in the 4th quarter. Advisory Services Network LLC now owns 11,831 shares of the company’s stock worth $820,000 after buying an additional 11,215 shares during the period. Beck Capital Management LLC lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 4.1% during the fourth quarter. Beck Capital Management LLC now owns 10,544 shares of the company’s stock worth $731,000 after buying an additional 419 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 63.2% during the third quarter. JPMorgan Chase & Co. now owns 9,802 shares of the company’s stock worth $643,000 after buying an additional 3,796 shares during the last quarter.

ROBO Global Robotics & Automation ETF Company Profile

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.