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This fund aims to mirror the performance of its benchmark index by typically allocating a minimum of 80% of its total capital to the index's constituent securities or their corresponding depositary receipts. The underlying index itself focuses on publicly traded companies that generate a significant portion of their earnings from activities within the artificial intelligence sector. It's important to note that this fund operates with a concentrated investment strategy rather than a diversified one.

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ - Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 41,522 shares, a decrease of 51.6% from the August 15th total of 85,864 shares. Based on an average trading volume of

If AI and robotics suddenly feel like they are moving faster, August gave investors plenty of evidence that the pace really is accelerating. We saw longer-running agents, faster and cheaper inference, AI systems reaching into laboratories and physical equipment, robots learning from fewer demonstrations, and new capital and infrastructure forming around commercial deployment.

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ - Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 85,864 shares, an increase of 162.8% from the July 30th total of 32,668 shares. Currently, 1.7% of the shares of the company are sold

For most of the history of industrial robotics, one sector ruled above all others. As recently as 15 years ago, the automotive industry accounted for 70% to 80% of all industrial robot demand, Morten Paulsen, head of research and managing director at CLSA Japan, said during a recent webcast.

In this day and age, turn on the TV and chances are you'll see something about AI or Robotics. These two topics are high on people's minds both as investment classes and as something that's becoming part of tangible reality in everyday lives.