Short Interest in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Declines By 32.9%

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a large decrease in short interest in February. As of February 27th, there was short interest totaling 380 shares, a decrease of 32.9% from the February 12th total of 566 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 453 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 453 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short.

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

A hedge fund recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP purchased a new position in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned approximately 2.58% of SPDR S&P Kensho Intelligent Structures ETF as of its most recent SEC filing.

SPDR S&P Kensho Intelligent Structures ETF Trading Down 0.4%

Shares of SPDR S&P Kensho Intelligent Structures ETF stock traded down $0.16 during trading on Friday, reaching $42.20. The stock had a trading volume of 472 shares, compared to its average volume of 891. The company has a market capitalization of $8.02 million, a price-to-earnings ratio of 21.58 and a beta of 1.36. The stock has a fifty day moving average price of $44.56 and a two-hundred day moving average price of $43.63. SPDR S&P Kensho Intelligent Structures ETF has a 52 week low of $26.41 and a 52 week high of $48.58.

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.