SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Update

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 489 shares, a decrease of 45.4% from the January 15th total of 896 shares. Based on an average daily volume of 601 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 601 shares, the short-interest ratio is presently 0.8 days.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

Shares of SPDR S&P Kensho Intelligent Structures ETF stock traded up $0.62 during trading on Friday, hitting $45.14. 1,606 shares of the stock traded hands, compared to its average volume of 1,114. The stock has a market cap 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 twelve month low of $26.41 and a twelve month high of $48.58. The company has a fifty day moving average price of $44.00 and a two-hundred day moving average price of $42.77.

Hedge Funds Weigh In On SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently raised its stake in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. grew its stake in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,545 shares of the company’s stock after purchasing 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 as of its most recent SEC filing.

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.