Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Declines By 74.8%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,851 shares, a decrease of 74.8% from the July 15th total of 7,332 shares. Based on an average trading volume of 15,961 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC bought a new stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned about 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent SEC filing. 1.96% of the stock is currently owned by institutional investors and hedge funds.

ROBO Global Healthcare Technology and Innovation ETF Trading Down 0.8%

NYSEARCA HTEC traded down $0.33 during trading hours on Friday, hitting $40.86. The company’s stock had a trading volume of 9,666 shares, compared to its average volume of 13,004. The company has a market capitalization of $73.55 million, a PE ratio of -11,419.79 and a beta of 1.04. ROBO Global Healthcare Technology and Innovation ETF has a 52 week low of $29.75 and a 52 week high of $41.62. The company’s 50-day simple moving average is $37.75 and its two-hundred day simple moving average is $35.46.

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.