ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Up 18.0% in March

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 20,478 shares, a growth of 18.0% from the February 26th total of 17,354 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 17,607 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC bought a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth approximately $1,333,000. Cary Street Partners Financial LLC bought a new stake in shares of ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at $479,000. Janney Montgomery Scott LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the fourth quarter worth $281,000. NewEdge Advisors LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the third quarter worth $159,000. Finally, GPS Wealth Strategies Group LLC bought a new position in ROBO Global Artificial Intelligence ETF during the third quarter worth $92,000.

ROBO Global Artificial Intelligence ETF Stock Performance

Shares of NYSEARCA:THNQ opened at $59.58 on Thursday. ROBO Global Artificial Intelligence ETF has a 52 week low of $37.03 and a 52 week high of $69.30. The firm has a market cap of $272.28 million, a PE ratio of 39.78 and a beta of 1.33. The firm’s fifty day moving average is $62.31 and its 200-day moving average is $64.11.

ROBO Global Artificial Intelligence ETF Company Profile

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.