Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Rises By 1,022.4%

by · The Cerbat Gem

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 12,201 shares, an increase of 1,022.4% from the August 15th total of 1,087 shares. Based on an average daily volume of 41,152 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new stake 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 – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

NYSEARCA:HTEC traded down $0.74 during trading hours on Thursday, reaching $40.42. The stock had a trading volume of 56,424 shares, compared to its average volume of 14,980. The stock has a market cap of $72.76 million, a P/E ratio of -11,296.81 and a beta of 1.05. The stock has a 50 day simple moving average of $40.21 and a 200 day simple moving average of $36.32. ROBO Global Healthcare Technology and Innovation ETF has a 12-month low of $29.75 and a 12-month high of $43.78.

About ROBO Global Healthcare Technology and Innovation ETF

(Get Free Report)

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.

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