ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Down 86.7% in June

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 73,495 shares, a decrease of 86.7% from the May 31st total of 553,318 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 334,380 shares, the days-to-cover ratio is currently 0.2 days.

ROBO Global Robotics & Automation ETF Trading Down 1.7%

Shares of NYSEARCA:ROBO traded down $1.44 on Friday, hitting $82.00. The company had a trading volume of 168,046 shares, compared to its average volume of 227,800. ROBO Global Robotics & Automation ETF has a 52-week low of $59.16 and a 52-week high of $90.51. The company has a market cap of $1.80 billion, a PE ratio of 23.13 and a beta of 1.40. The business has a 50 day moving average of $84.12 and a 200 day moving average of $76.66.

Institutional Trading of ROBO Global Robotics & Automation ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROBO. Advisory Services Network LLC grew its holdings in ROBO Global Robotics & Automation ETF by 1,820.6% in the fourth quarter. Advisory Services Network LLC now owns 11,831 shares of the company’s stock valued at $820,000 after purchasing an additional 11,215 shares during the period. NewEdge Advisors LLC boosted its position in ROBO Global Robotics & Automation ETF by 424.1% in the 3rd quarter. NewEdge Advisors LLC now owns 7,814 shares of the company’s stock valued at $512,000 after buying an additional 6,323 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in ROBO Global Robotics & Automation ETF by 280.8% in the second quarter. JPMorgan Chase & Co. now owns 6,006 shares of the company’s stock valued at $359,000 after purchasing an additional 4,429 shares during the last quarter. Strive Financial Group LLC acquired a new stake in ROBO Global Robotics & Automation ETF during the 4th quarter valued at approximately $264,000. Finally, Captrust Financial Advisors grew its stake in ROBO Global Robotics & Automation ETF by 6.4% during the 2nd quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock valued at $1,362,000 after purchasing an additional 1,367 shares in the last quarter.

ROBO Global Robotics & Automation ETF Company Profile

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.