SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Shares Shorted: Short Interest Up 883.3% in September

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,996 shares, a growth of 883.3% from the August 31st total of 203 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 3,567 shares, the short-interest ratio is presently 0.6 days.

SPDR Galaxy Transformative Tech Accelerators ETF Trading Down 2.2%

TEKX stock traded down $1.49 during trading on Thursday, hitting $67.51. The company had a trading volume of 6,712 shares, compared to its average volume of 3,835. The firm has a market capitalization of $16.88 million, a price-to-earnings ratio of 26.41 and a beta of 3.10. The business has a 50 day moving average of $64.22 and a 200 day moving average of $59.75. SPDR Galaxy Transformative Tech Accelerators ETF has a fifty-two week low of $38.32 and a fifty-two week high of $77.28.

Institutional Trading of SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently raised its position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Citadel Advisors LLC increased its stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) by 29.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,479 shares of the company’s stock after acquiring an additional 3,520 shares during the period. Citadel Advisors LLC owned approximately 6.19% of SPDR Galaxy Transformative Tech Accelerators ETF worth $1,086,000 at the end of the most recent reporting period.

About SPDR Galaxy Transformative Tech Accelerators ETF

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.