ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Large Decrease in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,851 shares, a decline of 74.8% from the July 15th total of 7,332 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 15,961 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

A hedge fund recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC purchased a new position in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 1.96% of the stock is currently owned by hedge funds and other institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

ROBO Global Healthcare Technology and Innovation ETF stock traded down $0.33 during mid-day trading on Friday, hitting $40.86. The company’s stock had a trading volume of 9,666 shares, compared to its average volume of 13,004. The firm’s 50 day moving average is $37.75 and its 200 day moving average is $35.46. The company has a market cap of $73.55 million, a PE ratio of -11,419.79 and a beta of 1.04. ROBO Global Healthcare Technology and Innovation ETF has a 52-week low of $29.75 and a 52-week high of $41.62.

About ROBO Global Healthcare Technology and Innovation ETF

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.