ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Stock Short Interest Jumps 133.9%

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 79,813 shares, a growth of 133.9% from the September 15th total of 34,124 shares. Based on an average trading volume of 52,860 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.6% of the shares of the company are short sold.

ROBO Global Artificial Intelligence ETF Trading Down 4.2%

Shares of THNQ stock opened at $92.19 on Thursday. The business’s 50 day moving average is $93.03 and its two-hundred day moving average is $84.49. ROBO Global Artificial Intelligence ETF has a twelve month low of $55.58 and a twelve month high of $102.49. The company has a market capitalization of $484.00 million, a P/E ratio of 39.78 and a beta of 1.49.

Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF

A hedge fund recently raised its position in ROBO Global Artificial Intelligence ETF stock. Janney Montgomery Scott LLC boosted its position in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) by 66.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,360 shares of the company’s stock after buying an additional 2,935 shares during the period. Janney Montgomery Scott LLC owned approximately 0.16% of ROBO Global Artificial Intelligence ETF worth $434,000 as of its most recent SEC filing.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.