Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Sees Large Decrease in Short Interest

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 706,200 shares, a decrease of 28.6% from the November 30th total of 988,700 shares. Based on an average trading volume of 460,800 shares, the short-interest ratio is presently 1.5 days.

Global X Robotics & Artificial Intelligence Thematic ETF Price Performance

Shares of BOTZ stock traded down $0.40 during midday trading on Friday, hitting $32.52. The company had a trading volume of 446,613 shares, compared to its average volume of 751,948. Global X Robotics & Artificial Intelligence Thematic ETF has a 52-week low of $26.60 and a 52-week high of $34.26. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25. The company’s 50 day simple moving average is $32.82 and its 200 day simple moving average is $31.57.

Institutional Trading of Global X Robotics & Artificial Intelligence Thematic ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Park Place Capital Corp purchased a new position in Global X Robotics & Artificial Intelligence Thematic ETF in the third quarter valued at about $64,000. Ashton Thomas Private Wealth LLC purchased a new stake in Global X Robotics & Artificial Intelligence Thematic ETF during the second quarter worth $65,000. AlphaMark Advisors LLC grew its holdings in Global X Robotics & Artificial Intelligence Thematic ETF by 35.0% in the third quarter. AlphaMark Advisors LLC now owns 2,700 shares of the company’s stock valued at $87,000 after purchasing an additional 700 shares during the last quarter. Farmers & Merchants Investments Inc. purchased a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the second quarter valued at $98,000. Finally, Lattice Capital Management LLC acquired a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the 3rd quarter worth $207,000.

Global X Robotics & Artificial Intelligence Thematic ETF Company Profile

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.