ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Down 74.8% in July

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,851 shares, a decrease of 74.8% from the July 15th total of 7,332 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 15,961 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC acquired a new stake in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned about 0.46% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. Institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

NYSEARCA HTEC remained flat at $41.23 during mid-day trading on Thursday. The company had a trading volume of 3,569 shares, compared to its average volume of 13,022. The stock has a 50-day moving average price of $37.51 and a 200 day moving average price of $35.39. The firm has a market cap of $74.21 million, a P/E ratio of -11,523.20 and a beta of 1.04. ROBO Global Healthcare Technology and Innovation ETF has a 12-month low of $29.75 and a 12-month high of $41.62.

About ROBO Global Healthcare Technology and Innovation ETF

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.