SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Sees Significant Decrease in Short Interest

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 38 shares, a decline of 57.3% from the April 15th total of 89 shares. Based on an average daily trading volume, of 442 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

SIMS stock traded down $0.79 on Friday, hitting $45.32. 643 shares of the company’s stock were exchanged, compared to its average volume of 780. SPDR S&P Kensho Intelligent Structures ETF has a 12-month low of $32.80 and a 12-month high of $48.58. The firm has a 50 day moving average price of $44.04 and a two-hundred day moving average price of $44.19. The stock has a market cap of $8.61 million, a P/E ratio of 21.58 and a beta of 1.33.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP bought a new position in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned about 2.58% of SPDR S&P Kensho Intelligent Structures ETF at the end of the most recent reporting period.

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.