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

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BOTZ. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Global X Robotics & Artificial Intelligence Thematic ETF during the fourth quarter valued at about $27,000. Ameriflex Group Inc. bought a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the 4th quarter worth approximately $30,000. Bank of Jackson Hole Trust bought a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 98.5% during 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 last quarter. Finally, Archer Investment Corp boosted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 1,467.6% in the fourth quarter. Archer Investment Corp now owns 2,759 shares of the company’s stock valued at $88,000 after acquiring an additional 2,583 shares during the period.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Down 0.6 %

NASDAQ:BOTZ opened at $29.86 on Friday. The company’s 50 day moving average is $32.46 and its 200-day moving average is $32.33. 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 cap of $2.49 billion, a price-to-earnings ratio of 31.28 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.