First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Short Interest Update

by · The Markets Daily

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT – Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 37,499 shares, a drop of 43.0% from the December 31st total of 65,812 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 84,093 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 84,093 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Down 2.3%

ROBT stock traded down $1.25 during mid-day trading on Friday, hitting $52.02. The stock had a trading volume of 42,785 shares, compared to its average volume of 85,136. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $34.38 and a 52 week high of $56.64. The firm has a market capitalization of $681.40 million, a P/E ratio of 27.26 and a beta of 1.23. The firm has a fifty day simple moving average of $53.14 and a 200 day simple moving average of $52.44.

Hedge Funds Weigh In On First Trust Nasdaq Artificial Intelligence and Robotics ETF

A number of hedge funds have recently bought and sold shares of ROBT. Park Avenue Securities LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at $229,000. Truist Financial Corp grew its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 17.7% in the second quarter. Truist Financial Corp now owns 186,667 shares of the company’s stock valued at $9,016,000 after acquiring an additional 28,066 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter valued at approximately $29,000. IFP Advisors Inc raised its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 104.9% during the second quarter. IFP Advisors Inc now owns 1,551 shares of the company’s stock worth $75,000 after purchasing an additional 794 shares during the period. Finally, Apollon Financial LLC lifted its holdings in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 25.3% in the 2nd quarter. Apollon Financial LLC now owns 10,986 shares of the company’s stock worth $531,000 after purchasing an additional 2,221 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.

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