VanEck Robotics ETF (NASDAQ:IBOT) Sees Significant Growth in Short Interest

VanEck Robotics ETF (NASDAQ:IBOT) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 38,009 shares, a growth of 123.2% from the February 12th total of 17,026 shares. Based on an average daily trading volume, of 36,575 shares, the short-interest ratio is presently 1.0 days. Approximately 5.1% of the shares of the company are sold short. Approximately 5.1% of the shares of the company are sold short. Based on an average daily trading volume, of 36,575 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On VanEck Robotics ETF

Several institutional investors have recently bought and sold shares of the company. Accel Wealth Management raised its position in VanEck Robotics ETF by 8.8% during the 4th quarter. Accel Wealth Management now owns 9,867 shares of the company’s stock worth $519,000 after buying an additional 800 shares during the last quarter. Glassman Wealth Services acquired a new position in shares of VanEck Robotics ETF during the third quarter worth about $79,000. Avestar Capital LLC purchased a new position in VanEck Robotics ETF during the third quarter worth about $1,983,000. Flow Traders U.S. LLC acquired a new stake in VanEck Robotics ETF in the second quarter valued at about $607,000. Finally, Jane Street Group LLC purchased a new stake in VanEck Robotics ETF in the 1st quarter valued at approximately $256,000.

VanEck Robotics ETF Stock Up 0.0%

Shares of IBOT stock opened at $56.26 on Thursday. The stock has a market capitalization of $42.20 million, a PE ratio of 27.21 and a beta of 1.28. VanEck Robotics ETF has a 52-week low of $33.42 and a 52-week high of $61.34. The stock’s 50-day moving average price is $57.39 and its 200 day moving average price is $53.05.

VanEck Robotics ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.20 per share. This represents a dividend yield of 38.0%. The ex-dividend date was Monday, December 22nd.

About VanEck Robotics ETF

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.