ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Up 356.8% in March

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,261 shares, a growth of 356.8% from the February 26th total of 495 shares. Based on an average daily volume of 4,725 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,725 shares, the short-interest ratio is currently 0.5 days.

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

A hedge fund recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC purchased a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned approximately 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Stock Up 0.7%

ROBO Global Healthcare Technology and Innovation ETF stock opened at $32.71 on Wednesday. ROBO Global Healthcare Technology and Innovation ETF has a twelve month low of $23.77 and a twelve month high of $38.50. The company has a market capitalization of $49.07 million, a P/E ratio of -9,141.98 and a beta of 1.11. The stock’s 50 day moving average is $35.27 and its 200 day moving average is $34.28.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.3463 dividend. This represents a dividend yield of 97.0%. The ex-dividend date of this dividend was Tuesday, December 30th. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio is currently -558.97%.

About ROBO Global Healthcare Technology and Innovation ETF

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.