Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Short Interest Update

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 298,100 shares, a decline of 61.3% from the February 28th total of 770,000 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 635,200 shares, the days-to-cover ratio is presently 0.5 days.

Global X Robotics & Artificial Intelligence Thematic ETF Trading Down 3.0 %

NASDAQ:BOTZ traded down $0.91 during midday trading on Friday, hitting $28.95. 699,537 shares of the company traded hands, compared to its average volume of 584,592. Global X Robotics & Artificial Intelligence Thematic ETF has a 12-month low of $26.60 and a 12-month high of $34.86. The firm has a market capitalization of $2.41 billion, a P/E ratio of 31.28 and a beta of 1.25. The firm’s fifty day moving average is $32.38 and its 200-day moving average is $32.33.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence Thematic ETF

A number of large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 98.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,223 shares of the company’s stock worth $39,000 after buying an additional 607 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the 4th quarter valued at $27,000. Ameriflex Group Inc. purchased a new stake in Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth $30,000. Advantage Trust Co lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 11.3% during the fourth quarter. Advantage Trust Co now owns 9,188 shares of the company’s stock worth $294,000 after purchasing an additional 935 shares during the last quarter. Finally, Archford Capital Strategies LLC boosted its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 4.5% during the fourth quarter. Archford Capital Strategies LLC now owns 23,130 shares of the company’s stock valued at $739,000 after purchasing an additional 986 shares during the period.

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.