ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Large Growth in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 7,332 shares, an increase of 139.2% from the June 30th total of 3,065 shares. Based on an average daily volume of 52,213 shares, the short-interest ratio is currently 0.1 days. Currently, 0.4% of the company’s shares are short sold.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

NYSEARCA:HTEC opened at $37.77 on Tuesday. The stock has a market capitalization of $74.78 million, a P/E ratio of -10,556.18 and a beta of 1.05. The company has a 50 day moving average price of $36.20 and a 200 day moving average price of $35.20. ROBO Global Healthcare Technology and Innovation ETF has a fifty-two week low of $27.68 and a fifty-two week high of $39.15.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

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.