ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 92,960 shares, a decline of 59.5% from the April 30th total of 229,534 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 191,792 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of ROBO Global Robotics & Automation ETF

A number of institutional investors have recently added to or reduced their stakes in ROBO. Archer Investment Corp purchased a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $30,000. Atlas Capital Advisors Inc. purchased a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $39,000. GPS Wealth Strategies Group LLC boosted its holdings in ROBO Global Robotics & Automation ETF by 2,118.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 2,263 shares of the company’s stock worth $148,000 after buying an additional 2,161 shares in the last quarter. Strive Financial Group LLC purchased a new stake in ROBO Global Robotics & Automation ETF during the fourth quarter worth about $264,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of ROBO Global Robotics & Automation ETF by 593.3% in the first quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock valued at $332,000 after purchasing an additional 5,512 shares in the last quarter.

ROBO Global Robotics & Automation ETF Trading Up 1.0%

ROBO stock opened at $89.57 on Tuesday. The company has a market cap of $1.96 billion, a P/E ratio of 23.13 and a beta of 1.39. ROBO Global Robotics & Automation ETF has a 52 week low of $55.47 and a 52 week high of $90.10. The company’s 50-day moving average price is $78.90 and its 200 day moving average price is $74.37.

About ROBO Global Robotics & Automation ETF

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.