Short Interest in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Rises By 256.5%

by · The Cerbat Gem

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,250 shares, an increase of 256.5% from the November 30th total of 1,192 shares. Based on an average daily volume of 14,409 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 14,409 shares, the days-to-cover ratio is currently 0.3 days.

ROBO Global Artificial Intelligence ETF Stock Performance

Shares of THNQ stock traded up $0.01 during mid-day trading on Thursday, hitting $64.86. 13,846 shares of the stock were exchanged, compared to its average volume of 25,733. The stock has a market capitalization of $291.87 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The stock’s fifty day simple moving average is $65.03 and its two-hundred day simple moving average is $60.61. ROBO Global Artificial Intelligence ETF has a 12-month low of $37.03 and a 12-month high of $69.30.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Strategic Advocates LLC raised its holdings in ROBO Global Artificial Intelligence ETF by 4.2% during the third quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock worth $1,925,000 after purchasing an additional 1,225 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new position in ROBO Global Artificial Intelligence ETF during the third quarter worth $92,000. NewEdge Advisors LLC acquired a new position in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter worth $159,000. Arkadios Wealth Advisors purchased a new stake in shares of ROBO Global Artificial Intelligence ETF in the second quarter valued at about $213,000. Finally, Cary Street Partners Financial LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at approximately $479,000.

ROBO Global Artificial Intelligence ETF Company Profile

(Get Free Report)

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.

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