SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Stock Short Interest Rises 92.2%

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 494 shares, a growth of 92.2% from the September 30th total of 257 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 3,393 shares, the short-interest ratio is currently 0.1 days.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Down 5.8%

TEKX stock opened at $47.81 on Friday. The company has a market capitalization of $11.95 million, a price-to-earnings ratio of 26.41 and a beta of 3.07. The firm has a 50 day moving average of $60.07 and a two-hundred day moving average of $56.54. SPDR Galaxy Transformative Tech Accelerators ETF has a 12 month low of $38.32 and a 12 month high of $77.28.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Citadel Advisors LLC grew its holdings in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) by 29.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,479 shares of the company’s stock after purchasing an additional 3,520 shares during the quarter. Citadel Advisors LLC owned about 6.19% of SPDR Galaxy Transformative Tech Accelerators ETF worth $1,086,000 as of its most recent filing with the SEC.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

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.