ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Up 356.8% in March

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,261 shares, an increase of 356.8% from the February 26th total of 495 shares. Based on an average daily trading volume, of 4,725 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC bought a new stake in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned approximately 3.00% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent SEC filing. Institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

Shares of NYSEARCA HTEC traded down $0.22 during mid-day trading on Thursday, reaching $32.98. 5,701 shares of the company’s stock traded hands, compared to its average volume of 7,778. The business has a 50-day simple moving average of $35.10 and a 200 day simple moving average of $34.26. The stock has a market cap of $49.47 million, a P/E ratio of -9,217.44 and a beta of 1.11. ROBO Global Healthcare Technology and Innovation ETF has a 1-year low of $23.77 and a 1-year high of $38.50.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.3463 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio (DPR) is presently -558.97%.

About ROBO Global Healthcare Technology and Innovation ETF

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.