SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Down 73.6% in December

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 138 shares, a drop of 73.6% from the November 30th total of 522 shares. Based on an average daily trading volume, of 1,178 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,178 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On SPDR S&P Kensho Intelligent Structures ETF

An institutional investor recently raised its position in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. raised its stake in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 13,545 shares of the company’s stock after buying an additional 499 shares during the period. Freedom Investment Management Inc. owned about 5.64% of SPDR S&P Kensho Intelligent Structures ETF worth $480,000 at the end of the most recent quarter.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

SIMS stock opened at $42.90 on Thursday. The company has a market capitalization of $8.58 million, a P/E ratio of 21.58 and a beta of 1.36. SPDR S&P Kensho Intelligent Structures ETF has a 12 month low of $26.41 and a 12 month high of $48.58. The firm’s fifty day simple moving average is $44.29 and its 200-day simple moving average is $40.69.

SPDR S&P Kensho Intelligent Structures ETF Company Profile

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.