ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Up 42.1% in December

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 6,038 shares, a growth of 42.1% from the December 15th total of 4,250 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 16,010 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 16,010 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently modified their holdings of THNQ. Arkadios Wealth Advisors purchased a new stake in ROBO Global Artificial Intelligence ETF during the 2nd quarter valued at $213,000. GPS Wealth Strategies Group LLC bought a new position in ROBO Global Artificial Intelligence ETF during the third quarter valued at $92,000. Cary Street Partners Financial LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF in the third quarter valued at $479,000. Flow Traders U.S. LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF in the third quarter valued at $1,333,000. Finally, NewEdge Advisors LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter worth about $159,000.

ROBO Global Artificial Intelligence ETF Trading Up 0.4%

THNQ traded up $0.26 during trading hours on Friday, hitting $65.47. The company’s stock had a trading volume of 19,272 shares, compared to its average volume of 19,307. The stock has a market cap of $299.20 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The business’s 50-day moving average price is $64.48 and its 200-day moving average price is $61.99. ROBO Global Artificial Intelligence ETF has a 12 month low of $37.03 and a 12 month high of $69.30.

ROBO Global Artificial Intelligence ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.13 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 20.0%.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.