ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Sees Significant Increase in Short Interest

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQGet Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 6,038 shares, an increase of 42.1% from the December 15th total of 4,250 shares. Based on an average daily volume of 16,010 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 16,010 shares, the short-interest ratio is currently 0.4 days.

ROBO Global Artificial Intelligence ETF Trading Up 0.4%

THNQ stock opened at $65.47 on Monday. The firm has a 50 day simple moving average of $64.48 and a 200-day simple moving average of $62.10. The company has a market capitalization of $299.20 million, a P/E ratio of 39.78 and a beta of 1.33. ROBO Global Artificial Intelligence ETF has a twelve month low of $37.03 and a twelve month high of $69.30.

ROBO Global Artificial Intelligence ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 20.0%.

Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF

A number of hedge funds have recently bought and sold shares of THNQ. GPS Wealth Strategies Group LLC bought a new stake in ROBO Global Artificial Intelligence ETF in the third quarter valued at about $92,000. NewEdge Advisors LLC bought a new stake in shares of ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at approximately $159,000. Arkadios Wealth Advisors acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the 2nd quarter valued at approximately $213,000. Cary Street Partners Financial LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at approximately $479,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at about $1,333,000.

ROBO Global Artificial Intelligence ETF Company Profile

(Get Free Report)

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.

Further Reading

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