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 the month of August. As of August 14th, there was short interest totaling 21,986 shares, an increase of 264.5% from the July 30th total of 6,031 shares. Based on an average daily trading volume, of 13,403 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% of the shares of the stock are short sold.

Institutional Trading of VanEck Robotics ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in VanEck Robotics ETF in the 1st quarter valued at $256,000. First Heartland Consultants Inc. bought a new position in shares of VanEck Robotics ETF in the second quarter worth $420,000. Finally, Accel Wealth Management increased its holdings in shares of VanEck Robotics ETF by 30.4% in the second quarter. Accel Wealth Management now owns 14,667 shares of the company’s stock worth $1,009,000 after purchasing an additional 3,420 shares during the period.

VanEck Robotics ETF Trading Up 0.2%

Shares of VanEck Robotics ETF stock opened at $65.95 on Thursday. The company’s 50-day moving average price is $66.00 and its 200-day moving average price is $62.31. VanEck Robotics ETF has a 12-month low of $46.22 and a 12-month high of $69.42. The company has a market cap of $98.92 million, a price-to-earnings ratio of 27.21 and a beta of 1.37.

VanEck Robotics ETF Company Profile

(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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