The Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) experienced a significant rise in short interest during the month of August. As of August 31st, the total short interest reached 3,120,000 shares, representing an increase of 181.1% from the previous total of 1,110,000 shares recorded on August 15th. With an average daily trading volume of 1,457,400 shares, the current short-interest ratio stands at 2.1 days.
Several large investors have either increased or reduced their stakes in Global X Robotics & Artificial Intelligence Thematic ETF. For instance, First Horizon Advisors Inc. acquired a new stake in the ETF, valued at approximately $29,000. Private Trust Co. NA increased its position by 300.3% during the second quarter, and Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new stake valued at approximately $37,000 in the same quarter. KB Financial Partners LLC also obtained a new stake in the first quarter, valued at about $40,000. Finally, BNP Paribas Arbitrage SA increased its position by 94.7% during the first quarter.
The stock price of Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) decreased by 0.6% on Thursday, with an opening price of $25.63. The ETF has a 50-day moving average of $27.41 and a two-hundred day moving average of $26.68. Its 52-week low is $17.33, and its 52-week high is $30.26. The market capitalization of the company is $2.27 billion, with a PE ratio of 31.09 and a beta of 1.25.
In addition to the increase in short interest, Global X Robotics & Artificial Intelligence Thematic ETF announced an increase in its dividend. The ETF’s most recent Semi-Annual dividend, paid on July 10th, was $0.053 per share. This represents a boost from the previous dividend of $0.05. The ex-dividend date for this dividend was June 29th.
Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) is an exchange-traded fund that focuses on investments in companies involved in the development and production of robots and artificial intelligence. The fund provides exposure to these industries based on market capitalization selection and weighting. It was launched on September 12, 2016, and is managed by Global X.