ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Up 256.5% in December

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the target of 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 14,409 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 14,409 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

ROBO Global Artificial Intelligence ETF Stock Up 0.1%

Shares of ROBO Global Artificial Intelligence ETF stock traded up $0.04 during trading on Friday, reaching $64.90. The company’s stock had a trading volume of 5,087 shares, compared to its average volume of 25,649. The company has a 50-day simple moving average of $65.02 and a two-hundred day simple moving average of $60.73. ROBO Global Artificial Intelligence ETF has a 1-year low of $37.03 and a 1-year high of $69.30. The company has a market cap of $292.05 million, a price-to-earnings ratio of 39.78 and a beta of 1.33.

Institutional Trading of ROBO Global Artificial Intelligence ETF

A number of institutional investors have recently bought and sold shares of the stock. Strategic Advocates LLC increased its stake in ROBO Global Artificial Intelligence ETF by 4.2% during the 3rd quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock valued at $1,925,000 after purchasing an additional 1,225 shares in the last quarter. NewEdge Advisors LLC purchased a new position in ROBO Global Artificial Intelligence ETF in the 3rd quarter worth $159,000. Flow Traders U.S. LLC acquired a new stake in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth about $1,333,000. Cary Street Partners Financial LLC purchased a new stake in ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at about $479,000. Finally, GPS Wealth Strategies Group LLC purchased a new stake in ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at about $92,000.

ROBO Global Artificial Intelligence ETF Company Profile

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.