ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) Short Interest Update

ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 145,107 shares, a decrease of 52.7% from the May 31st total of 307,013 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 241,852 shares, the days-to-cover ratio is currently 0.6 days.

ARK Autonomous Technology & Robotics ETF Trading Down 1.3%

Shares of ARKQ opened at $130.44 on Thursday. ARK Autonomous Technology & Robotics ETF has a 1 year low of $86.20 and a 1 year high of $144.42. The stock has a market cap of $1.60 billion, a P/E ratio of 32.86 and a beta of 1.40. The stock’s 50-day moving average price is $132.35 and its two-hundred day moving average price is $125.42.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in ARK Autonomous Technology & Robotics ETF in the third quarter valued at approximately $37,000. Russell Investments Group Ltd. boosted its position in shares of ARK Autonomous Technology & Robotics ETF by 258.7% during the third quarter. Russell Investments Group Ltd. now owns 538 shares of the company’s stock worth $60,000 after purchasing an additional 388 shares in the last quarter. FWL Investment Management LLC acquired a new position in shares of ARK Autonomous Technology & Robotics ETF in the 2nd quarter valued at $61,000. Atlas Wealth LLC acquired a new position in shares of ARK Autonomous Technology & Robotics ETF in the 1st quarter valued at $76,000. Finally, Triumph Capital Management acquired a new position in shares of ARK Autonomous Technology & Robotics ETF in the 3rd quarter valued at $127,000.

About ARK Autonomous Technology & Robotics ETF

The ARK Autonomous Technology & Robotics ETF (ARKQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ARKQ was launched on Sep 30, 2014 and is managed by ARK.