Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Decreases By 64.6%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,266,511 shares, a decrease of 64.6% from the July 30th total of 3,573,497 shares. Based on an average daily trading volume, of 633,207 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.4% of the shares of the company are short sold.

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

Institutional investors have recently made changes to their positions in the company. Bearing Point Capital LLC purchased a new stake in Global X Robotics & Artificial Intelligence ETF during the fourth quarter worth $3,501,000. Ameriprise Financial Inc. grew its position in Global X Robotics & Artificial Intelligence ETF by 26.1% during the second quarter. Ameriprise Financial Inc. now owns 441,085 shares of the company’s stock valued at $14,401,000 after buying an additional 91,290 shares during the period. Janney Montgomery Scott LLC increased its holdings in Global X Robotics & Artificial Intelligence ETF by 39.2% in the first quarter. Janney Montgomery Scott LLC now owns 67,064 shares of the company’s stock valued at $2,228,000 after buying an additional 18,891 shares in the last quarter. Verity Asset Management Inc. purchased a new position in Global X Robotics & Artificial Intelligence ETF in the fourth quarter valued at $594,000. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Global X Robotics & Artificial Intelligence ETF by 11.2% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 134,781 shares of the company’s stock worth $4,477,000 after acquiring an additional 13,587 shares during the period.

Global X Robotics & Artificial Intelligence ETF Price Performance

BOTZ stock traded down $0.44 during trading on Friday, hitting $35.70. 369,979 shares of the company traded hands, compared to its average volume of 917,458. The stock’s 50-day simple moving average is $36.31 and its 200 day simple moving average is $37.07. The company has a market cap of $3.33 billion, a PE ratio of 27.41 and a beta of 1.47. Global X Robotics & Artificial Intelligence ETF has a 1 year low of $31.88 and a 1 year high of $41.71.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a $0.018 dividend. This represents a yield of 10.0%. The ex-dividend date was Monday, June 29th.

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.