Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Sees Significant Decline in Short Interest

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,266,511 shares, a decrease of 64.6% from the July 30th total of 3,573,497 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 633,207 shares, the short-interest ratio is currently 2.0 days.

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

Hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of Global X Robotics & Artificial Intelligence ETF by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock valued at $16,545,000 after purchasing an additional 26,116 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of Global X Robotics & Artificial Intelligence ETF by 11.2% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 134,781 shares of the company’s stock worth $4,477,000 after buying an additional 13,587 shares in the last quarter. CX Institutional grew its position in shares of Global X Robotics & Artificial Intelligence ETF by 3.5% during the second quarter. CX Institutional now owns 127,120 shares of the company’s stock worth $4,823,000 after buying an additional 4,286 shares in the last quarter. Sterling Investment Advisors Ltd. increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% in the first quarter. Sterling Investment Advisors Ltd. now owns 124,465 shares of the company’s stock worth $4,135,000 after buying an additional 2,485 shares during the last quarter. Finally, Crestwood Advisors Group LLC increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 6.5% in the fourth quarter. Crestwood Advisors Group LLC now owns 102,877 shares of the company’s stock worth $3,727,000 after buying an additional 6,323 shares during the last quarter.

Global X Robotics & Artificial Intelligence ETF Stock Down 1.1%

Shares of Global X Robotics & Artificial Intelligence ETF stock traded down $0.39 during trading hours on Friday, hitting $35.75. 496,402 shares of the company’s stock traded hands, compared to its average volume of 918,340. The stock has a 50 day simple moving average of $36.25 and a 200-day simple moving average of $37.06. The company has a market cap of $3.33 billion, a PE ratio of 27.41 and a beta of 1.47. Global X Robotics & Artificial Intelligence ETF has a twelve month low of $31.88 and a twelve month high of $41.71.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.018 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a yield of 10.0%.

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.