Exchange Traded Concepts Trust (ROBO) Sees Significant Decrease in Short Interest

Exchange Traded Concepts Trust (NASDAQ:ROBO) saw a significant decrease in short interest during the month of March. As of March 29th, there was short interest totalling 590,240 shares, a decrease of 29.7% from the March 15th total of 840,046 shares. Based on an average daily volume of 441,147 shares, the short-interest ratio is presently 1.3 days.

Exchange Traded Concepts Trust stock opened at $42.07 on Tuesday. Exchange Traded Concepts Trust has a fifty-two week low of $31.30 and a fifty-two week high of $46.20.

A number of institutional investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. grew its holdings in Exchange Traded Concepts Trust by 25.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 75,557 shares of the company’s stock valued at $3,122,000 after purchasing an additional 15,322 shares during the last quarter. Wagner Wealth Management LLC purchased a new stake in shares of Exchange Traded Concepts Trust in the fourth quarter valued at $306,000. Compagnie Lombard Odier SCmA lifted its position in shares of Exchange Traded Concepts Trust by 263.7% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 33,275 shares of the company’s stock valued at $1,376,000 after acquiring an additional 24,125 shares in the last quarter. Meitav Dash Investments Ltd. purchased a new stake in shares of Exchange Traded Concepts Trust in the fourth quarter valued at $3,065,000. Finally, LPL Financial LLC lifted its position in shares of Exchange Traded Concepts Trust by 84.3% in the fourth quarter. LPL Financial LLC now owns 192,448 shares of the company’s stock valued at $7,952,000 after acquiring an additional 88,048 shares in the last quarter.

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