ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Down 24.7% in January

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4,547 shares, a decrease of 24.7% from the December 31st total of 6,038 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 19,338 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 19,338 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

ROBO Global Artificial Intelligence ETF Stock Performance

ROBO Global Artificial Intelligence ETF stock traded down $2.38 during midday trading on Tuesday, reaching $62.29. The stock had a trading volume of 7,880 shares, compared to its average volume of 17,698. The stock has a market capitalization of $284.64 million, a PE ratio of 39.78 and a beta of 1.33. The stock’s 50-day simple moving average is $64.96 and its 200 day simple moving average is $62.95. ROBO Global Artificial Intelligence ETF has a twelve month low of $37.03 and a twelve month high of $69.30.

ROBO Global Artificial Intelligence ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.13 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 20.0%.

Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF

Several large investors have recently made changes to their positions in the business. Arkadios Wealth Advisors acquired a new position in shares of ROBO Global Artificial Intelligence ETF during the 2nd quarter valued at $213,000. Strategic Advocates LLC increased its holdings in ROBO Global Artificial Intelligence ETF by 4.2% in the 3rd quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock valued at $1,925,000 after purchasing an additional 1,225 shares in the last quarter. NewEdge Advisors LLC purchased a new position in ROBO Global Artificial Intelligence ETF in the third quarter valued at about $159,000. Flow Traders U.S. LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF in the third quarter worth about $1,333,000. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF in the third quarter valued at about $479,000.

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.