First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Short Interest Update

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 102,200 shares, an increase of 127.1% from the December 15th total of 45,000 shares. Based on an average daily volume of 52,400 shares, the days-to-cover ratio is currently 2.0 days.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Performance

Shares of ROBT traded up $0.31 during trading hours on Tuesday, hitting $44.33. The stock had a trading volume of 46,515 shares, compared to its average volume of 82,814. The firm has a 50-day moving average price of $46.26 and a 200 day moving average price of $43.88. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a fifty-two week low of $36.91 and a fifty-two week high of $48.73. The firm has a market capitalization of $441.08 million, a price-to-earnings ratio of 29.47 and a beta of 1.22.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.223 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Nasdaq Artificial Intelligence and Robotics ETF

Several hedge funds have recently modified their holdings of ROBT. 1832 Asset Management L.P. increased its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 23.0% during the second quarter. 1832 Asset Management L.P. now owns 2,217 shares of the company’s stock worth $94,000 after purchasing an additional 414 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 9.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,967 shares of the company’s stock worth $210,000 after buying an additional 446 shares in the last quarter. Front Row Advisors LLC increased its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 34.3% during the 2nd quarter. Front Row Advisors LLC now owns 2,155 shares of the company’s stock worth $91,000 after buying an additional 550 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $57,000 after acquiring an additional 707 shares during the last quarter. Finally, Brown Financial Advisors purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at approximately $40,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.