ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Down 41.3% in August

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,087 shares, a decrease of 41.3% from the July 30th total of 1,851 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 23,511 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC purchased a new stake in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned approximately 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the Securities & Exchange Commission. 1.96% of the stock is owned by institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

NYSEARCA:HTEC traded down $0.31 during trading hours on Monday, reaching $42.40. The stock had a trading volume of 3,302 shares, compared to its average volume of 14,846. The stock has a market cap of $76.32 million, a P/E ratio of -11,850.20 and a beta of 1.04. The stock has a 50 day simple moving average of $39.30 and a 200 day simple moving average of $35.89. ROBO Global Healthcare Technology and Innovation ETF has a 12-month low of $29.75 and a 12-month high of $43.78.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.