Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Declines By 32.9%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 696,303 shares, a drop of 32.9% from the December 31st total of 1,038,465 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 1,010,533 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 1,010,533 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the shares of the stock are short sold.

Global X Robotics & Artificial Intelligence ETF Price Performance

Shares of Global X Robotics & Artificial Intelligence ETF stock traded down $0.64 on Friday, hitting $37.32. 1,062,018 shares of the company’s stock traded hands, compared to its average volume of 952,597. Global X Robotics & Artificial Intelligence ETF has a one year low of $23.82 and a one year high of $38.61. The stock has a market capitalization of $3.35 billion, a PE ratio of 27.41 and a beta of 1.36. The firm’s 50-day moving average price is $36.81 and its two-hundred day moving average price is $35.59.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.158 per share. This represents a dividend yield of 86.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Global X Robotics & Artificial Intelligence ETF by 66.6% during the second quarter. JPMorgan Chase & Co. now owns 1,012,710 shares of the company’s stock worth $33,065,000 after purchasing an additional 404,916 shares during the period. Ameriprise Financial Inc. grew its stake in Global X Robotics & Artificial Intelligence ETF by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock valued at $16,545,000 after buying an additional 26,116 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in Global X Robotics & Artificial Intelligence ETF by 2.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 172,988 shares of the company’s stock valued at $6,267,000 after acquiring an additional 3,313 shares during the period. Jones Financial Companies Lllp lifted its position in Global X Robotics & Artificial Intelligence ETF by 26.8% during the third quarter. Jones Financial Companies Lllp now owns 141,959 shares of the company’s stock worth $4,947,000 after acquiring an additional 29,981 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 3.1% during the fourth quarter. Fiduciary Alliance LLC now owns 136,861 shares of the company’s stock worth $4,958,000 after acquiring an additional 4,118 shares during the period.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.