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

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 325 shares, an increase of 135.5% from the December 15th total of 138 shares. Based on an average daily volume of 1,286 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,286 shares, the short-interest ratio is presently 0.3 days.

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. increased its holdings in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,545 shares of the company’s stock after purchasing an additional 499 shares during the quarter. Freedom Investment Management Inc. owned 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

Shares of SIMS traded down $0.09 during midday trading on Wednesday, reaching $44.30. The stock had a trading volume of 229 shares, compared to its average volume of 2,237. The firm’s 50 day moving average price is $43.36 and its 200-day moving average price is $41.55. SPDR S&P Kensho Intelligent Structures ETF has a 52 week low of $26.41 and a 52 week high of $48.58. The company has a market capitalization of $8.42 million, a P/E ratio of 21.58 and a beta of 1.36.

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.