Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Short Interest Down 34.6% in September

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 255,500 shares, a drop of 34.6% from the August 31st total of 390,400 shares. Based on an average daily volume of 623,700 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 623,700 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence ETF

Several hedge funds have recently bought and sold shares of BOTZ. Nova Wealth Management Inc. grew its position in Global X Robotics & Artificial Intelligence ETF by 330.9% in the 1st quarter. Nova Wealth Management Inc. now owns 1,103 shares of the company’s stock valued at $31,000 after acquiring an additional 847 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 76.3% in the second quarter. Parallel Advisors LLC now owns 2,107 shares of the company’s stock valued at $69,000 after purchasing an additional 912 shares during the period. NBC Securities Inc. grew its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 140,450.0% in the first quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock valued at $80,000 after purchasing an additional 2,809 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Global X Robotics & Artificial Intelligence ETF by 11.1% during the 1st quarter. SBI Securities Co. Ltd. now owns 4,365 shares of the company’s stock worth $124,000 after buying an additional 436 shares during the period. Finally, Ethos Financial Group LLC acquired a new stake in Global X Robotics & Artificial Intelligence ETF during the 2nd quarter worth approximately $200,000.

Global X Robotics & Artificial Intelligence ETF Stock Up 1.8%

BOTZ opened at $37.40 on Tuesday. Global X Robotics & Artificial Intelligence ETF has a 52 week low of $23.82 and a 52 week high of $37.55. The business has a fifty day simple moving average of $34.23 and a 200-day simple moving average of $31.65. The firm has a market cap of $3.16 billion, a P/E ratio of 27.41 and a beta of 1.25.

About Global X Robotics & Artificial Intelligence ETF

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.