SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Up 175.7% in January

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 896 shares, an increase of 175.7% from the December 31st total of 325 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 1,973 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 1,973 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

Shares of SPDR S&P Kensho Intelligent Structures ETF stock opened at $44.83 on Thursday. SPDR S&P Kensho Intelligent Structures ETF has a 1 year low of $26.41 and a 1 year high of $48.58. The firm’s 50-day simple moving average is $43.48 and its 200-day simple moving average is $42.16. The firm has a market cap of $8.52 million, a PE ratio of 21.58 and a beta of 1.36.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. lifted its position in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,545 shares of the company’s stock after acquiring 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 as of its most recent SEC filing.

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.