ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Large Increase in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,332 shares, a growth of 139.2% from the June 30th total of 3,065 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 52,213 shares, the days-to-cover ratio is currently 0.1 days.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

HTEC stock opened at $38.43 on Thursday. The stock has a market capitalization of $76.09 million, a price-to-earnings ratio of -10,740.64 and a beta of 1.05. The company has a 50-day moving average of $36.39 and a two-hundred day moving average of $35.21. ROBO Global Healthcare Technology and Innovation ETF has a 52-week low of $27.68 and a 52-week high of $39.15.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.