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

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZGet Free Report) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 574,050 shares, a decrease of 17.6% from the January 15th total of 696,303 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 878,198 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 878,198 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are sold short.

Global X Robotics & Artificial Intelligence ETF Stock Up 1.0%

BOTZ stock opened at $38.34 on Tuesday. The stock’s 50 day moving average is $37.26 and its two-hundred day moving average is $35.93. Global X Robotics & Artificial Intelligence ETF has a 52-week low of $23.82 and a 52-week high of $38.78. The company has a market capitalization of $3.45 billion, a PE ratio of 27.41 and a beta of 1.36.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

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

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. L.M. Kohn & Company lifted its position in shares of Global X Robotics & Artificial Intelligence ETF by 5.4% during the second quarter. L.M. Kohn & Company now owns 11,506 shares of the company’s stock worth $376,000 after purchasing an additional 589 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in Global X Robotics & Artificial Intelligence ETF by 6.3% during the 2nd quarter. Arkadios Wealth Advisors now owns 22,726 shares of the company’s stock worth $742,000 after buying an additional 1,349 shares during the last quarter. Crestwood Advisors Group LLC lifted its holdings in Global X Robotics & Artificial Intelligence ETF by 3.0% during the 2nd quarter. Crestwood Advisors Group LLC now owns 97,804 shares of the company’s stock worth $3,193,000 after buying an additional 2,807 shares during the last quarter. Ethos Financial Group LLC acquired a new position in shares of Global X Robotics & Artificial Intelligence ETF in the 2nd quarter worth approximately $200,000. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 31.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 101,218 shares of the company’s stock valued at $3,305,000 after acquiring an additional 24,291 shares during the last quarter.

Global X Robotics & Artificial Intelligence ETF Company Profile

(Get Free Report)

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.

Further Reading

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