VanEck Robotics ETF (NASDAQ:IBOT – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 24,699 shares, an increase of 246.1% from the May 31st total of 7,136 shares. Based on an average trading volume of 26,423 shares, the short-interest ratio is presently 0.9 days. Approximately 2.2% of the shares of the stock are short sold.
Hedge Funds Weigh In On VanEck Robotics ETF
A hedge fund recently bought a new stake in VanEck Robotics ETF stock. Jane Street Group LLC acquired a new position in VanEck Robotics ETF (NASDAQ:IBOT – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,508 shares of the company’s stock, valued at approximately $256,000. Jane Street Group LLC owned approximately 1.86% of VanEck Robotics ETF at the end of the most recent reporting period.
VanEck Robotics ETF Price Performance
Shares of IBOT opened at $65.86 on Friday. The firm has a market cap of $72.45 million, a P/E ratio of 27.21 and a beta of 1.38. The stock has a 50 day simple moving average of $64.70 and a two-hundred day simple moving average of $58.95. VanEck Robotics ETF has a 1 year low of $45.55 and a 1 year high of $69.40.
VanEck Robotics ETF Company Profile
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.
Featured Articles
- Five stocks we like better than VanEck Robotics ETF
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
Receive News & Ratings for VanEck Robotics ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Robotics ETF and related companies with MarketBeat.com's FREE daily email newsletter.
