ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Update

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 23,023 shares, a growth of 406.3% from the January 15th total of 4,547 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 17,214 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 17,214 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF

A number of hedge funds have recently made changes to their positions in the stock. Arkadios Wealth Advisors purchased a new stake in shares of ROBO Global Artificial Intelligence ETF during the second quarter valued at about $213,000. Flow Traders U.S. LLC purchased a new stake in ROBO Global Artificial Intelligence ETF during the third quarter valued at approximately $1,333,000. Janney Montgomery Scott LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF during the 4th quarter valued at $281,000. NewEdge Advisors LLC purchased a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth $159,000. Finally, Strategic Advocates LLC increased its position in ROBO Global Artificial Intelligence ETF by 4.2% during the 4th quarter. Strategic Advocates LLC now owns 31,314 shares of the company’s stock valued at $2,001,000 after buying an additional 1,255 shares in the last quarter.

ROBO Global Artificial Intelligence ETF Price Performance

Shares of ROBO Global Artificial Intelligence ETF stock opened at $62.59 on Friday. ROBO Global Artificial Intelligence ETF has a 1 year low of $37.03 and a 1 year high of $69.30. The stock has a market cap of $286.04 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The firm’s 50-day moving average is $64.66 and its two-hundred day moving average is $63.22.

ROBO Global Artificial Intelligence ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.13 per share. This represents a yield of 20.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.