ARK Space Exploration & Innovation ETF (BATS:ARKX – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 199,087 shares, a decrease of 82.3% from the April 15th total of 1,124,094 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily volume of 705,149 shares, the short-interest ratio is currently 0.3 days.
Hedge Funds Weigh In On ARK Space Exploration & Innovation ETF
Several hedge funds have recently modified their holdings of ARKX. Fifth Third Securities Inc. bought a new position in shares of ARK Space Exploration & Innovation ETF in the 4th quarter valued at about $256,000. JPMorgan Chase & Co. grew its holdings in shares of ARK Space Exploration & Innovation ETF by 17.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,590 shares of the company’s stock valued at $873,000 after acquiring an additional 4,631 shares in the last quarter. Quent Capital LLC bought a new position in shares of ARK Space Exploration & Innovation ETF in the 3rd quarter valued at about $71,000. CoreCap Advisors LLC grew its holdings in shares of ARK Space Exploration & Innovation ETF by 986.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,597 shares of the company’s stock valued at $46,000 after acquiring an additional 1,450 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of ARK Space Exploration & Innovation ETF in the 4th quarter valued at about $36,000.
ARK Space Exploration & Innovation ETF Trading Up 1.6%
ARKX stock opened at $34.90 on Tuesday. The stock has a 50-day moving average price of $31.76 and a two-hundred day moving average price of $30.90. The stock has a market cap of $483.37 million, a PE ratio of 28.18 and a beta of 1.25. ARK Space Exploration & Innovation ETF has a 1 year low of $19.55 and a 1 year high of $35.53.
ARK Space Exploration & Innovation ETF Company Profile
The ARK Space Exploration & Innovation ETF (ARKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth. ARKX was launched on Mar 30, 2021 and is managed by ARK.
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