First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Short Interest Update

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 13,862 shares, a drop of 59.4% from the July 30th total of 34,137 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 42,983 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust Nasdaq Artificial Intelligence and Robotics ETF

Institutional investors have recently bought and sold shares of the company. Allied Private Wealth LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at about $29,000. Farther Finance Advisors LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth about $47,000. Bank of Montreal Can lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 390.0% during the 4th quarter. Bank of Montreal Can now owns 980 shares of the company’s stock valued at $51,000 after buying an additional 780 shares during the last quarter. Intesa Sanpaolo Wealth Management acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter valued at about $60,000. Finally, Advisory Services Network LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter valued at approximately $62,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

First Trust Nasdaq Artificial Intelligence and Robotics ETF stock traded down $0.39 during trading hours on Friday, hitting $60.18. The company had a trading volume of 43,399 shares, compared to its average volume of 66,424. The firm has a market capitalization of $788.36 million, a P/E ratio of 27.26 and a beta of 1.27. The firm’s fifty day moving average is $56.53 and its 200-day moving average is $53.33. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $44.01 and a fifty-two week high of $60.97.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.0094 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.