Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Grows By 356.8%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 2,261 shares, a growth of 356.8% from the February 26th total of 495 shares. Based on an average daily trading volume, of 4,725 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 4,725 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC acquired a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned about 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. Institutional investors and hedge funds own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

HTEC opened at $32.71 on Wednesday. ROBO Global Healthcare Technology and Innovation ETF has a 1 year low of $23.77 and a 1 year high of $38.50. The company has a market capitalization of $49.07 million, a price-to-earnings ratio of -9,141.98 and a beta of 1.11. The firm’s fifty day moving average price is $35.27 and its two-hundred day moving average price is $34.28.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a dividend of $0.3463 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s payout ratio is -558.97%.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.