Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Expands By 17.9%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 495 shares, a growth of 17.9% from the February 12th total of 420 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,867 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 6,867 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC bought a new stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned about 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. 1.96% of the stock is owned by hedge funds and other institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Stock Down 1.1%

Shares of NYSEARCA HTEC traded down $0.37 during trading on Wednesday, reaching $32.77. 398 shares of the company traded hands, compared to its average volume of 6,713. The firm has a 50 day simple moving average of $35.76 and a 200-day simple moving average of $34.21. The stock has a market capitalization of $49.16 million, a PE ratio of -9,158.75 and a beta of 1.11. ROBO Global Healthcare Technology and Innovation ETF has a 52-week low of $23.77 and a 52-week high of $38.50.

ROBO Global Healthcare Technology and Innovation ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.3463 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio is -558.97%.

About ROBO Global Healthcare Technology and Innovation ETF

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.