SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Short Interest Update

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 33,648 shares, a growth of 254.0% from the December 31st total of 9,505 shares. Approximately 5.5% of the company’s stock are sold short. Based on an average daily trading volume, of 16,343 shares, the short-interest ratio is presently 2.1 days. Based on an average daily trading volume, of 16,343 shares, the short-interest ratio is presently 2.1 days. Approximately 5.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. WealthBridge Capital Management LLC boosted its position in SPDR S&P Kensho Final Frontiers ETF by 24.6% during the third quarter. WealthBridge Capital Management LLC now owns 14,221 shares of the company’s stock worth $1,084,000 after purchasing an additional 2,812 shares in the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth $221,000. D.A. Davidson & CO. purchased a new position in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at approximately $200,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the third quarter worth about $61,000.

SPDR S&P Kensho Final Frontiers ETF Price Performance

ROKT traded down $2.22 on Friday, reaching $100.79. 11,538 shares of the company’s stock were exchanged, compared to its average volume of 19,447. SPDR S&P Kensho Final Frontiers ETF has a twelve month low of $45.26 and a twelve month high of $105.40. The stock has a market cap of $63.50 million, a PE ratio of 26.20 and a beta of 1.09. The stock’s fifty day moving average price is $88.86 and its 200-day moving average price is $79.05.

About SPDR S&P Kensho Final Frontiers ETF

The SPDR Kensho Final Frontiers ETF (ROKT) is an exchange-traded fund that is based on the S&P Kensho Final Frontiers index. The fund tracks a tier-weighted index of US equities associated with space and deep sea exploration. ROKT was launched on Oct 22, 2018 and is managed by State Street.