VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOTGet Free Report) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 38,009 shares, an increase of 123.2% from the February 12th total of 17,026 shares. Based on an average daily trading volume, of 36,575 shares, the days-to-cover ratio is presently 1.0 days. Approximately 5.1% of the shares of the stock are short sold. Approximately 5.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 36,575 shares, the days-to-cover ratio is presently 1.0 days.

VanEck Robotics ETF Price Performance

Shares of IBOT stock opened at $56.26 on Thursday. The business’s fifty day moving average price is $57.39 and its 200 day moving average price is $53.05. The firm has a market capitalization of $42.20 million, a PE ratio of 27.21 and a beta of 1.28. VanEck Robotics ETF has a 1-year low of $33.42 and a 1-year high of $61.34.

VanEck Robotics ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.20 dividend. This represents a dividend yield of 38.0%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Accel Wealth Management grew its position in VanEck Robotics ETF by 8.8% during the fourth quarter. Accel Wealth Management now owns 9,867 shares of the company’s stock worth $519,000 after buying an additional 800 shares during the period. Glassman Wealth Services purchased a new stake in shares of VanEck Robotics ETF during the 3rd quarter worth approximately $79,000. Avestar Capital LLC acquired a new stake in shares of VanEck Robotics ETF in the 3rd quarter worth approximately $1,983,000. Flow Traders U.S. LLC purchased a new position in VanEck Robotics ETF in the 2nd quarter valued at approximately $607,000. Finally, Jane Street Group LLC acquired a new position in VanEck Robotics ETF during the first quarter worth $256,000.

About VanEck Robotics ETF

(Get Free Report)

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.

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