ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Short Interest Down 52.7% in June

ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 145,107 shares, a drop of 52.7% from the May 31st total of 307,013 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 241,852 shares, the days-to-cover ratio is currently 0.6 days.

ARK Autonomous Technology & Robotics ETF Trading Up 3.9%

ARKQ stock opened at $128.39 on Tuesday. The stock has a 50-day moving average price of $132.29 and a two-hundred day moving average price of $125.21. ARK Autonomous Technology & Robotics ETF has a 12-month low of $86.00 and a 12-month high of $144.42. The company has a market cap of $1.57 billion, a PE ratio of 32.86 and a beta of 1.40.

Institutional Trading of ARK Autonomous Technology & Robotics ETF

A number of institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. grew its stake in ARK Autonomous Technology & Robotics ETF by 24.7% during the fourth quarter. Russell Investments Group Ltd. now owns 671 shares of the company’s stock worth $77,000 after buying an additional 133 shares during the period. Arkadios Wealth Advisors raised its stake in shares of ARK Autonomous Technology & Robotics ETF by 6.7% in the 4th quarter. Arkadios Wealth Advisors now owns 2,122 shares of the company’s stock valued at $243,000 after acquiring an additional 134 shares during the period. Crescent Grove Advisors LLC raised its stake in shares of ARK Autonomous Technology & Robotics ETF by 1.3% in the 4th quarter. Crescent Grove Advisors LLC now owns 13,263 shares of the company’s stock valued at $1,521,000 after acquiring an additional 175 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of ARK Autonomous Technology & Robotics ETF during the 3rd quarter valued at $37,000. Finally, Strategic Advocates LLC boosted its position in ARK Autonomous Technology & Robotics ETF by 2.0% during the 4th quarter. Strategic Advocates LLC now owns 19,947 shares of the company’s stock worth $2,304,000 after purchasing an additional 386 shares during the period.

ARK Autonomous Technology & Robotics ETF Company Profile

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ARKQ was launched on Sep 30, 2014 and is managed by ARK.