VanEck Robotics ETF (NASDAQ: IBOT - Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 38,009 shares, an increase of 123.2% from the February 12th total of 17,026 shares. Approximately 5.1% of the shares of the stock are
IBOT hits a fresh 52-week high as booming AI demand, robotics adoption and rate cuts fuel momentum in this innovation-focused ETF.
Amid significant advancements in the realms of artificial intelligence (AI) and robotics, there's plenty of related investment ebullience. But there are also widespread fears that those technologies will send millions of workers searching for new jobs.