ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Significant Decrease in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 420 shares, a decrease of 74.6% from the January 29th total of 1,656 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 6,903 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 6,903 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

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 purchased a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. 1.96% of the stock is owned by institutional investors and hedge funds.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

ROBO Global Healthcare Technology and Innovation ETF stock traded down $0.02 during mid-day trading on Friday, reaching $35.77. 3,969 shares of the stock traded hands, compared to its average volume of 7,571. ROBO Global Healthcare Technology and Innovation ETF has a 12-month low of $23.77 and a 12-month high of $38.50. The business’s 50-day moving average is $36.32 and its 200-day moving average is $33.86. The stock has a market capitalization of $53.66 million, a PE ratio of -9,997.21 and a beta of 1.11.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

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