Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Sees Large Growth in Short Interest

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 576,100 shares, an increase of 22.9% from the October 31st total of 468,700 shares. Based on an average daily volume of 459,900 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Global X Robotics & Artificial Intelligence Thematic ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Avondale Wealth Management acquired a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the 2nd quarter worth about $25,000. Pathway Financial Advisers LLC purchased a new position in Global X Robotics & Artificial Intelligence Thematic ETF during the 1st quarter valued at about $29,000. AlphaMark Advisors LLC boosted its holdings in Global X Robotics & Artificial Intelligence Thematic ETF by 42.9% during the 2nd quarter. AlphaMark Advisors LLC now owns 2,000 shares of the company’s stock valued at $62,000 after acquiring an additional 600 shares during the period. Park Place Capital Corp purchased a new position in Global X Robotics & Artificial Intelligence Thematic ETF during the 3rd quarter valued at about $64,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Global X Robotics & Artificial Intelligence Thematic ETF during the 2nd quarter valued at about $65,000.

Global X Robotics & Artificial Intelligence Thematic ETF Price Performance

NASDAQ BOTZ traded up $0.03 during mid-day trading on Monday, hitting $33.40. The stock had a trading volume of 298,048 shares, compared to its average volume of 770,329. The firm’s 50 day moving average is $32.31 and its 200 day moving average is $31.32. Global X Robotics & Artificial Intelligence Thematic ETF has a twelve month low of $26.24 and a twelve month high of $33.97. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25.

Global X Robotics & Artificial Intelligence Thematic ETF Company Profile

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.