ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 425,844 shares, a growth of 149.0% from the June 30th total of 170,988 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 183,029 shares, the short-interest ratio is presently 2.3 days.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Large investors have recently modified their holdings of the stock. Curbstone Financial Management Corp boosted its stake in ROBO Global Robotics & Automation ETF by 4.0% in the 4th quarter. Curbstone Financial Management Corp now owns 24,480 shares of the company’s stock worth $1,697,000 after purchasing an additional 940 shares in the last quarter. Captrust Financial Advisors increased its stake in ROBO Global Robotics & Automation ETF by 6.4% during the 2nd quarter. Captrust Financial Advisors now owns 22,778 shares of the company’s stock valued at $1,362,000 after purchasing an additional 1,367 shares in the last quarter. Advisory Services Network LLC increased its stake in ROBO Global Robotics & Automation ETF by 1,820.6% during the 4th quarter. Advisory Services Network LLC now owns 11,831 shares of the company’s stock valued at $820,000 after purchasing an additional 11,215 shares in the last quarter. Beck Capital Management LLC raised its holdings in ROBO Global Robotics & Automation ETF by 4.1% in the fourth quarter. Beck Capital Management LLC now owns 10,544 shares of the company’s stock worth $731,000 after buying an additional 419 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in ROBO Global Robotics & Automation ETF by 63.2% in the third quarter. JPMorgan Chase & Co. now owns 9,802 shares of the company’s stock worth $643,000 after buying an additional 3,796 shares during the last quarter.

ROBO Global Robotics & Automation ETF Stock Up 1.0%

ROBO stock opened at $78.58 on Tuesday. The business has a 50 day moving average of $83.70 and a 200 day moving average of $78.34. The firm has a market cap of $1.94 billion, a PE ratio of 23.13 and a beta of 1.40. ROBO Global Robotics & Automation ETF has a twelve month low of $60.96 and a twelve month high of $90.51.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.