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

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 576,100 shares, an increase of 22.9% from the October 31st total of 468,700 shares. Based on an average trading volume of 459,900 shares, the days-to-cover ratio is presently 1.3 days.

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

Several hedge funds have recently bought and sold shares of the stock. Fiduciary Alliance LLC lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 18.5% during the 3rd quarter. Fiduciary Alliance LLC now owns 271,570 shares of the company’s stock valued at $8,731,000 after buying an additional 42,316 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 13.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 156,515 shares of the company’s stock valued at $4,828,000 after buying an additional 18,974 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 28.7% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 93,295 shares of the company’s stock valued at $2,878,000 after buying an additional 20,800 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 16.0% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 54,545 shares of the company’s stock valued at $1,683,000 after buying an additional 7,531 shares in the last quarter. Finally, Archford Capital Strategies LLC lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 30.6% during the 2nd quarter. Archford Capital Strategies LLC now owns 23,595 shares of the company’s stock valued at $728,000 after buying an additional 5,525 shares in the last quarter.

Global X Robotics & Artificial Intelligence Thematic ETF Price Performance

NASDAQ:BOTZ traded up $0.03 during midday trading on Monday, hitting $33.40. The company’s stock had a trading volume of 298,048 shares, compared to its average volume of 770,329. Global X Robotics & Artificial Intelligence Thematic ETF has a fifty-two week low of $26.24 and a fifty-two week high of $33.97. The firm’s 50 day moving average is $32.31 and its 200-day moving average is $31.32. The firm has a market cap of $2.66 billion, a P/E ratio of 42.68 and a beta of 1.25.

Global X Robotics & Artificial Intelligence Thematic ETF Company Profile

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.