Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Drops By 41.3%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTECGet Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,087 shares, a drop of 41.3% from the July 30th total of 1,851 shares. Based on an average trading volume of 23,511 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC bought a new stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTECFree Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned approximately 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the SEC. 1.96% of the stock is currently owned by institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

Shares of HTEC traded down $0.19 on Tuesday, reaching $42.30. 2,926 shares of the stock traded hands, compared to its average volume of 14,794. The stock’s 50-day moving average price is $39.45 and its 200-day moving average price is $35.94. The firm has a market cap of $76.14 million, a price-to-earnings ratio of -11,822.25 and a beta of 1.04. ROBO Global Healthcare Technology and Innovation ETF has a 12 month low of $29.75 and a 12 month high of $43.78.

About ROBO Global Healthcare Technology and Innovation ETF

(Get Free Report)

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.

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