SPDR Kensho Future Security ETF (NYSEARCA:FITE) Short Interest Update

SPDR Kensho Future Security ETF (NYSEARCA:FITE) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,211 shares, an increase of 28.6% from the December 31st total of 6,384 shares. Based on an average daily trading volume, of 19,902 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,902 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of SPDR Kensho Future Security ETF

Large investors have recently modified their holdings of the business. Geneos Wealth Management Inc. bought a new stake in shares of SPDR Kensho Future Security ETF during the 4th quarter valued at $26,000. CWM LLC bought a new stake in SPDR Kensho Future Security ETF during the 4th quarter valued at about $76,000. Farther Finance Advisors LLC purchased a new position in SPDR Kensho Future Security ETF in the third quarter worth about $109,000. Bank of America Corp DE lifted its stake in shares of SPDR Kensho Future Security ETF by 1,075.2% in the third quarter. Bank of America Corp DE now owns 1,751 shares of the company’s stock worth $150,000 after buying an additional 1,602 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of SPDR Kensho Future Security ETF by 144.4% during the second quarter. Osaic Holdings Inc. now owns 2,940 shares of the company’s stock valued at $223,000 after acquiring an additional 1,737 shares in the last quarter.

SPDR Kensho Future Security ETF Trading Up 0.1%

Shares of NYSEARCA FITE opened at $91.67 on Wednesday. The stock’s 50-day moving average is $89.12 and its 200 day moving average is $84.97. The stock has a market cap of $112.75 million, a price-to-earnings ratio of 29.07 and a beta of 0.99. SPDR Kensho Future Security ETF has a 1-year low of $53.86 and a 1-year high of $97.47.

About SPDR Kensho Future Security ETF

The SPDR S&P Kensho Future Security ETF (FITE) is an exchange-traded fund that is based on the S&P Kensho Future Security index. The fund tracks an index of US stocks supporting technological innovations in future military and security applications. FITE was launched on Dec 26, 2017 and is managed by State Street.