ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 425,844 shares, an increase of 149.0% from the June 30th total of 170,988 shares. Currently, 1.7% of the company’s shares are short sold. Based on an average daily trading volume, of 183,029 shares, the short-interest ratio is currently 2.3 days.

ROBO Global Robotics & Automation ETF Stock Down 2.2%

ROBO Global Robotics & Automation ETF stock traded down $1.74 during trading hours on Wednesday, reaching $75.76. 151,045 shares of the company’s stock were exchanged, compared to its average volume of 219,135. The firm’s 50 day simple moving average is $83.60 and its 200 day simple moving average is $78.37. ROBO Global Robotics & Automation ETF has a twelve month low of $60.96 and a twelve month high of $90.51. The firm has a market capitalization of $1.87 billion, a PE ratio of 23.13 and a beta of 1.40.

Institutional Investors Weigh In On ROBO Global Robotics & Automation ETF

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its holdings in ROBO Global Robotics & Automation ETF by 593.3% in the first quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock worth $332,000 after purchasing an additional 5,512 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of ROBO Global Robotics & Automation ETF by 280.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,006 shares of the company’s stock worth $359,000 after buying an additional 4,429 shares during the period. Captrust Financial Advisors grew its position in shares of ROBO Global Robotics & Automation ETF by 6.4% during the 2nd quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock worth $1,362,000 after buying an additional 1,367 shares during the period. Curbstone Financial Management Corp increased its stake in shares of ROBO Global Robotics & Automation ETF by 4.0% in the 4th quarter. Curbstone Financial Management Corp now owns 24,480 shares of the company’s stock valued at $1,697,000 after acquiring an additional 940 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of ROBO Global Robotics & Automation ETF by 15.5% during the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock valued at $360,000 after acquiring an additional 699 shares during the period.

ROBO Global Robotics & Automation ETF Company Profile

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.