ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Shares Shorted: Short Interest Up 89.6% in September

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 200,282 shares, a growth of 89.6% from the September 15th total of 105,658 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 141,115 shares, the days-to-cover ratio is presently 1.4 days.

ROBO Global Robotics & Automation ETF Trading Down 2.6%

NYSEARCA ROBO opened at $75.30 on Friday. ROBO Global Robotics & Automation ETF has a 12 month low of $62.80 and a 12 month high of $90.51. The stock has a market cap of $1.90 billion, a P/E ratio of 23.13 and a beta of 1.42. The stock’s fifty day moving average price is $80.61 and its 200-day moving average price is $81.13.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

A number of hedge funds have recently bought and sold shares of the company. Silverleafe Capital Partners LLC bought a new stake in ROBO Global Robotics & Automation ETF during the 3rd quarter valued at about $3,626,000. Janney Montgomery Scott LLC lifted its stake in shares of ROBO Global Robotics & Automation ETF by 5.1% in the first quarter. Janney Montgomery Scott LLC now owns 6,100 shares of the company’s stock worth $417,000 after buying an additional 295 shares in the last quarter. Noble Wealth Management PBC lifted its stake in shares of ROBO Global Robotics & Automation ETF by 3.2% in the third quarter. Noble Wealth Management PBC now owns 4,839 shares of the company’s stock worth $389,000 after buying an additional 151 shares in the last quarter. Capital Square LLC bought a new position in shares of ROBO Global Robotics & Automation ETF in the second quarter worth approximately $276,000. Finally, Allied Private Wealth LLC purchased a new stake in shares of ROBO Global Robotics & Automation ETF during the second quarter valued at approximately $81,000.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.