ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 2,100 shares, a drop of 97.4% from the September 30th total of 79,813 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 52,899 shares, the days-to-cover ratio is currently 0.0 days.
ROBO Global Artificial Intelligence ETF Price Performance
Shares of THNQ stock traded up $0.29 on Wednesday, hitting $92.35. The company’s stock had a trading volume of 11,979 shares, compared to its average volume of 25,880. ROBO Global Artificial Intelligence ETF has a fifty-two week low of $55.58 and a fifty-two week high of $102.49. The firm’s fifty day moving average price is $92.66 and its 200-day moving average price is $79.00. The stock has a market capitalization of $484.84 million, a price-to-earnings ratio of 39.78 and a beta of 1.49.
Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF
A hedge fund recently raised its stake in ROBO Global Artificial Intelligence ETF stock. Valley Wealth Managers Inc. lifted its stake in shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Free Report) by 20.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,048 shares of the company’s stock after acquiring an additional 3,736 shares during the quarter. Valley Wealth Managers Inc. owned about 0.43% of ROBO Global Artificial Intelligence ETF worth $2,142,000 as of its most recent filing with the SEC.
ROBO Global Artificial Intelligence ETF Company Profile
The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.
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