ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 54,300 shares, a decrease of 42.9% from the August 31st total of 95,100 shares. Based on an average daily trading volume, of 28,400 shares, the short-interest ratio is currently 1.9 days. Based on an average daily trading volume, of 28,400 shares, the short-interest ratio is currently 1.9 days.
ROBO Global Artificial Intelligence ETF Trading Down 0.1%
THNQ opened at $66.56 on Monday. ROBO Global Artificial Intelligence ETF has a 1-year low of $37.03 and a 1-year high of $67.28. The stock has a market capitalization of $296.19 million, a PE ratio of 39.78 and a beta of 1.21. The firm has a 50-day moving average price of $59.86 and a two-hundred day moving average price of $52.96.
Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its stake in shares of ROBO Global Artificial Intelligence ETF by 29.4% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,100 shares of the company’s stock valued at $49,000 after acquiring an additional 250 shares during the period. Strategic Advocates LLC lifted its position in ROBO Global Artificial Intelligence ETF by 18.9% during the 1st quarter. Strategic Advocates LLC now owns 27,254 shares of the company’s stock valued at $1,206,000 after purchasing an additional 4,333 shares during the period. Flow Traders U.S. LLC bought a new position in shares of ROBO Global Artificial Intelligence ETF in the 1st quarter valued at about $1,219,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the 2nd quarter worth approximately $213,000.
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.
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