ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Update

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,038 shares, an increase of 42.1% from the December 15th total of 4,250 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 16,010 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 16,010 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Strategic Advocates LLC grew its position in shares of ROBO Global Artificial Intelligence ETF by 4.2% in the third quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock valued at $1,925,000 after purchasing an additional 1,225 shares during the period. NewEdge Advisors LLC acquired a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter worth about $159,000. Flow Traders U.S. LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at about $1,333,000. Cary Street Partners Financial LLC acquired a new position in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at about $479,000. Finally, GPS Wealth Strategies Group LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter worth about $92,000.

ROBO Global Artificial Intelligence ETF Stock Performance

THNQ stock traded up $0.26 during trading on Friday, hitting $65.47. The stock had a trading volume of 19,272 shares, compared to its average volume of 19,307. The stock has a market cap of $299.20 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The company’s 50 day moving average price is $64.48 and its two-hundred day moving average price is $62.05. ROBO Global Artificial Intelligence ETF has a 1-year low of $37.03 and a 1-year high of $69.30.

ROBO Global Artificial Intelligence ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 20.0%.

About ROBO Global Artificial Intelligence ETF

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.