ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Down 74.9% in August

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 80,538 shares, a decrease of 74.9% from the August 15th total of 320,824 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 247,615 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of ROBO Global Robotics & Automation ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Compass Financial Management LLC bought a new stake in ROBO Global Robotics & Automation ETF during the 2nd quarter valued at $27,000. Atlas Capital Advisors Inc. purchased a new stake in ROBO Global Robotics & Automation ETF in the fourth quarter worth about $39,000. Allied Private Wealth LLC bought a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter worth about $81,000. Strive Financial Group LLC bought a new position in ROBO Global Robotics & Automation ETF during the 4th quarter worth about $264,000. Finally, Capital Square LLC purchased a new position in ROBO Global Robotics & Automation ETF during the 2nd quarter valued at about $276,000.

ROBO Global Robotics & Automation ETF Stock Up 1.7%

ROBO stock traded up $1.29 during trading on Friday, hitting $79.11. The company had a trading volume of 76,700 shares, compared to its average volume of 211,526. ROBO Global Robotics & Automation ETF has a 52-week low of $62.80 and a 52-week high of $90.51. The company has a 50 day simple moving average of $80.91 and a 200-day simple moving average of $79.91. The firm has a market capitalization of $1.97 billion, a P/E ratio of 23.13 and a beta of 1.41.

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.