SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Update

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,198 shares, a decrease of 82.4% from the May 31st total of 12,478 shares. Based on an average daily volume of 8,402 shares, the short-interest ratio is presently 0.3 days. Approximately 1.7% of the shares of the company are sold short.

Institutional Trading of SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned about 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent quarter.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Performance

NASDAQ TEKX traded up $0.12 during trading on Friday, reaching $69.25. The company’s stock had a trading volume of 3,787 shares, compared to its average volume of 3,673. SPDR Galaxy Transformative Tech Accelerators ETF has a twelve month low of $31.08 and a twelve month high of $77.28. The firm has a market cap of $9.00 million, a price-to-earnings ratio of 26.41 and a beta of 3.15. The business’s fifty day moving average price is $62.30 and its 200-day moving average price is $50.09.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.