VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOT) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 7,100 shares, an increase of 7.6% from the November 15th total of 6,600 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is presently 1.0 days.

VanEck Robotics ETF Price Performance

NASDAQ:IBOT opened at $43.58 on Tuesday. VanEck Robotics ETF has a 12 month low of $37.62 and a 12 month high of $47.21. The firm has a market capitalization of $15.25 million, a PE ratio of 30.14 and a beta of 1.34. The business’s fifty day moving average price is $43.59 and its 200 day moving average price is $43.83.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VanEck Robotics ETF stock. Jane Street Group LLC raised its stake in VanEck Robotics ETF (NASDAQ:IBOT) by 100.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,660 shares of the company’s stock after purchasing an additional 7,342,134 shares during the period. Jane Street Group LLC owned 8.19% of VanEck Robotics ETF worth $1,285,000 as of its most recent SEC filing.

About VanEck Robotics ETF

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.