First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Shares Shorted: Short Interest Up 66.2% in September

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 15,732 shares, an increase of 66.2% from the September 15th total of 9,464 shares. Based on an average trading volume of 29,746 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of First Trust Nasdaq Artificial Intelligence and Robotics ETF

Several hedge funds have recently modified their holdings of ROBT. Allied Private Wealth LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the second quarter valued at approximately $29,000. CPR Investments Inc. acquired a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 1st quarter worth $242,000. Sunbelt Securities Inc. lifted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 234.8% during the 1st quarter. Sunbelt Securities Inc. now owns 6,317 shares of the company’s stock worth $292,000 after buying an additional 4,430 shares in the last quarter. Accel Wealth Management lifted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 12.8% during the 2nd quarter. Accel Wealth Management now owns 5,314 shares of the company’s stock worth $299,000 after buying an additional 601 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 3.2% during the 1st quarter. Bessemer Group Inc. now owns 8,095 shares of the company’s stock worth $374,000 after buying an additional 250 shares in the last quarter.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 0.6%

Shares of NASDAQ ROBT opened at $58.07 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 1-year low of $44.01 and a 1-year high of $61.72. The company has a market cap of $760.72 million, a PE ratio of 27.26 and a beta of 1.30. The company has a 50-day moving average of $59.16 and a two-hundred day moving average of $55.63.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Company Profile

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.