SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Up 78.9% in August

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 238 shares, a growth of 78.9% from the August 15th total of 133 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 319 shares, the days-to-cover ratio is presently 0.7 days.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

Shares of NYSEARCA:SIMS traded up $0.57 during midday trading on Thursday, hitting $43.23. The company had a trading volume of 412 shares, compared to its average volume of 648. SPDR S&P Kensho Intelligent Structures ETF has a 12-month low of $40.00 and a 12-month high of $48.58. The company has a fifty day moving average of $44.38 and a two-hundred day moving average of $44.75. The company has a market cap of $43.19 million, a price-to-earnings ratio of 21.58 and a beta of 1.31.

About SPDR S&P Kensho Intelligent Structures ETF

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US-listed companies that focuses on innovative infrastructure. SIMS was launched on Dec 26, 2017 and is managed by State Street.