Short Interest in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Decreases By 24.7%

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,547 shares, a decline of 24.7% from the December 31st total of 6,038 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 19,338 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 19,338 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

ROBO Global Artificial Intelligence ETF Stock Down 2.4%

Shares of ROBO Global Artificial Intelligence ETF stock traded down $1.55 during midday trading on Friday, hitting $64.36. The company had a trading volume of 15,744 shares, compared to its average volume of 18,247. ROBO Global Artificial Intelligence ETF has a 12-month low of $37.03 and a 12-month high of $69.30. The stock has a market cap of $294.13 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The company has a fifty day simple moving average of $64.92 and a 200 day simple moving average of $62.83.

ROBO Global Artificial Intelligence ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Arkadios Wealth Advisors acquired a new position in ROBO Global Artificial Intelligence ETF during the 2nd quarter worth approximately $213,000. Strategic Advocates LLC lifted its stake in shares of ROBO Global Artificial Intelligence ETF by 4.2% in the third quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock valued at $1,925,000 after purchasing an additional 1,225 shares during the period. NewEdge Advisors LLC acquired a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at about $159,000. Flow Traders U.S. LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the third quarter valued at $1,333,000. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF during the third quarter worth $479,000.

ROBO Global Artificial Intelligence ETF Company Profile

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.