VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOT) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 19,000 shares, an increase of 691.7% from the February 13th total of 2,400 shares. Based on an average trading volume of 8,200 shares, the short-interest ratio is currently 2.3 days. Approximately 6.8% of the shares of the company are short sold.

Institutional Trading of VanEck Robotics ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC increased its stake in shares of VanEck Robotics ETF by 33.5% in the fourth quarter. LPL Financial LLC now owns 11,465 shares of the company’s stock valued at $471,000 after buying an additional 2,875 shares in the last quarter. Jane Street Group LLC increased its stake in shares of VanEck Robotics ETF by 100.4% in the third quarter. Jane Street Group LLC now owns 28,660 shares of the company’s stock valued at $1,285,000 after buying an additional 7,342,134 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of VanEck Robotics ETF by 3.1% in the third quarter. Assetmark Inc. now owns 77,284 shares of the company’s stock valued at $3,464,000 after buying an additional 2,294 shares in the last quarter.

VanEck Robotics ETF Stock Performance

Shares of NASDAQ IBOT traded up $0.26 during midday trading on Friday, reaching $41.33. 2,736 shares of the company traded hands, compared to its average volume of 5,669. The firm has a market cap of $11.57 million, a PE ratio of 27.97 and a beta of 1.34. The stock’s 50-day simple moving average is $42.58 and its 200-day simple moving average is $43.06. VanEck Robotics ETF has a 12 month low of $39.46 and a 12 month high of $47.21.

VanEck Robotics ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.1549 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.