Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Rises By 25.0%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,714,549 shares, an increase of 25.0% from the March 31st total of 1,371,609 shares. Based on an average daily volume of 656,117 shares, the short-interest ratio is currently 2.6 days. Approximately 1.9% of the shares of the company are short sold.

Global X Robotics & Artificial Intelligence ETF Stock Performance

NASDAQ BOTZ traded up $1.13 during trading on Thursday, hitting $38.46. 732,878 shares of the company’s stock traded hands, compared to its average volume of 930,200. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 27.41 and a beta of 1.43. The business has a 50 day moving average of $36.01 and a 200-day moving average of $36.51. Global X Robotics & Artificial Intelligence ETF has a 12-month low of $28.68 and a 12-month high of $39.78.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BOTZ. Root Financial Partners LLC purchased a new stake in Global X Robotics & Artificial Intelligence ETF in the third quarter valued at approximately $27,000. Rossby Financial LCC raised its position in Global X Robotics & Artificial Intelligence ETF by 769.5% during the third quarter. Rossby Financial LCC now owns 826 shares of the company’s stock valued at $29,000 after purchasing an additional 731 shares in the last quarter. Modus Advisors LLC purchased a new stake in Global X Robotics & Artificial Intelligence ETF during the fourth quarter valued at about $31,000. Saranac Partners Ltd purchased a new position in shares of Global X Robotics & Artificial Intelligence ETF during the third quarter worth approximately $32,000. Finally, First Command Advisory Services Inc. bought a new stake in shares of Global X Robotics & Artificial Intelligence ETF in the 4th quarter valued at about $35,000.

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.