First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Short Interest Update

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 26,700 shares, a decrease of 19.6% from the October 15th total of 33,200 shares. Based on an average daily trading volume, of 56,900 shares, the short-interest ratio is currently 0.5 days.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

ROBT traded down $0.70 on Friday, hitting $44.80. The company had a trading volume of 60,828 shares, compared to its average volume of 70,360. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52-week low of $36.91 and a 52-week high of $47.64. The firm has a market capitalization of $445.76 million, a P/E ratio of 29.47 and a beta of 1.22. The stock has a fifty day simple moving average of $43.72 and a 200-day simple moving average of $42.90.

Hedge Funds Weigh In On First Trust Nasdaq Artificial Intelligence and Robotics ETF

A number of institutional investors have recently added to or reduced their stakes in ROBT. Brown Financial Advisors bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter worth $40,000. Values First Advisors Inc. bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $43,000. Adirondack Trust Co. bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at about $49,000. Ashton Thomas Private Wealth LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter worth about $80,000. Finally, Front Row Advisors LLC increased its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% during the 2nd quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock valued at $91,000 after purchasing an additional 550 shares during the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.