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

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 586,000 shares, a decrease of 17.0% from the December 15th total of 706,200 shares. Based on an average daily trading volume, of 515,200 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Global X Robotics & Artificial Intelligence Thematic ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fiduciary Alliance LLC increased its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 18.5% during the 3rd quarter. Fiduciary Alliance LLC now owns 271,570 shares of the company’s stock valued at $8,731,000 after buying an additional 42,316 shares during the period. Arkadios Wealth Advisors purchased a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the 3rd quarter worth about $472,000. Transatlantique Private Wealth LLC acquired a new stake in Global X Robotics & Artificial Intelligence Thematic ETF during the 2nd quarter worth about $228,000. Lattice Capital Management LLC purchased a new stake in Global X Robotics & Artificial Intelligence Thematic ETF during the third quarter valued at about $207,000. Finally, Equitable Trust Co. boosted its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 36.9% in the third quarter. Equitable Trust Co. now owns 17,439 shares of the company’s stock worth $561,000 after buying an additional 4,698 shares during the period.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Up 1.4 %

Shares of BOTZ traded up $0.44 during mid-day trading on Friday, reaching $33.03. 457,951 shares of the stock traded hands, compared to its average volume of 649,457. The stock has a fifty day simple moving average of $32.84 and a 200 day simple moving average of $31.70. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25. Global X Robotics & Artificial Intelligence Thematic ETF has a 12-month low of $26.60 and a 12-month high of $34.26.

About Global X Robotics & Artificial Intelligence Thematic ETF

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.