VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOT) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 6,600 shares, a decline of 10.8% from the October 31st total of 7,400 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VanEck Robotics ETF stock. Jane Street Group LLC boosted its position in VanEck Robotics ETF (NASDAQ:IBOT) by 100.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,660 shares of the company’s stock after purchasing an additional 7,342,134 shares during the period. Jane Street Group LLC owned approximately 8.19% of VanEck Robotics ETF worth $1,285,000 as of its most recent SEC filing.

VanEck Robotics ETF Price Performance

Shares of NASDAQ IBOT traded up $0.30 during midday trading on Monday, hitting $43.93. 2,443 shares of the company’s stock were exchanged, compared to its average volume of 4,118. VanEck Robotics ETF has a twelve month low of $36.91 and a twelve month high of $47.21. The firm has a market cap of $15.38 million, a P/E ratio of 30.14 and a beta of 1.34. The stock’s 50 day moving average price is $43.66 and its 200-day moving average price is $43.84.

About VanEck Robotics ETF

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.