VanEck Robotics ETF (NASDAQ:IBOT – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 2,700 shares, an increase of 8.0% from the August 31st total of 2,500 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 0.8 days.
VanEck Robotics ETF Trading Down 0.1 %
Shares of IBOT stock opened at $44.82 on Tuesday. VanEck Robotics ETF has a twelve month low of $32.49 and a twelve month high of $47.21. The company’s 50-day moving average price is $43.09 and its 200-day moving average price is $43.61. The stock has a market cap of $13.45 million, a price-to-earnings ratio of 30.14 and a beta of 1.34.
Hedge Funds Weigh In On VanEck Robotics ETF
A hedge fund recently raised its stake in VanEck Robotics ETF stock. Norwood Financial Corp raised its stake in VanEck Robotics ETF (NASDAQ:IBOT – Free Report) by 127.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,825 shares of the company’s stock after buying an additional 3,260 shares during the quarter. Norwood Financial Corp owned about 2.65% of VanEck Robotics ETF worth $256,000 at the end of the most recent quarter.
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.
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