Short Interest in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) Rises By 64.6%

First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBTGet Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 34,137 shares, a growth of 64.6% from the July 15th total of 20,744 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 42,426 shares, the short-interest ratio is currently 0.8 days.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 1.0%

Shares of ROBT stock traded down $0.63 on Monday, reaching $59.61. The company’s stock had a trading volume of 16,055 shares, compared to its average volume of 68,087. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $44.01 and a 12-month high of $60.97. The company has a market capitalization of $780.89 million, a P/E ratio of 27.26 and a beta of 1.27. The stock’s 50 day simple moving average is $55.74 and its 200-day simple moving average is $52.82.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.0094 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust Nasdaq Artificial Intelligence and Robotics ETF

A number of large investors have recently modified their holdings of the business. Allied Private Wealth LLC purchased a new position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the second quarter worth about $29,000. Farther Finance Advisors LLC bought a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at approximately $47,000. Bank of Montreal Can lifted its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 390.0% during the fourth quarter. Bank of Montreal Can now owns 980 shares of the company’s stock valued at $51,000 after purchasing an additional 780 shares during the last quarter. Intesa Sanpaolo Wealth Management purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth approximately $60,000. Finally, Advisory Services Network LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 3rd quarter worth approximately $62,000.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

(Get Free Report)

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.

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