Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Short Interest Update

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 298,100 shares, a drop of 61.3% from the February 28th total of 770,000 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 635,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BOTZ. JPMorgan Chase & Co. raised its position in Global X Robotics & Artificial Intelligence Thematic ETF by 84.9% in the fourth quarter. JPMorgan Chase & Co. now owns 544,384 shares of the company’s stock worth $17,393,000 after acquiring an additional 249,987 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth about $545,000. ADG Wealth Management Group LLC bought a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth about $495,000. Alteri Wealth LLC purchased a new position in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the 4th quarter valued at about $467,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 47.7% during the 4th quarter. Jones Financial Companies Lllp now owns 39,211 shares of the company’s stock valued at $1,253,000 after acquiring an additional 12,659 shares during the period.

Global X Robotics & Artificial Intelligence Thematic ETF Trading Down 3.0 %

BOTZ stock traded down $0.91 on Friday, hitting $28.95. The company had a trading volume of 699,537 shares, compared to its average volume of 584,592. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 31.28 and a beta of 1.25. Global X Robotics & Artificial Intelligence Thematic ETF has a 12-month low of $26.60 and a 12-month high of $34.86. The stock’s 50-day simple moving average is $32.38 and its 200 day simple moving average is $32.33.

About Global X Robotics & Artificial Intelligence Thematic 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.