SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Short Interest Update

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 39,312 shares, a growth of 2,694.0% from the June 30th total of 1,407 shares. Approximately 7.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,288 shares, the days-to-cover ratio is presently 4.7 days.

Hedge Funds Weigh In On SPDR S&P Kensho Smart Mobility ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Smart Mobility ETF stock. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 811 shares of the company’s stock, valued at approximately $25,000. Raymond James Financial Inc. owned approximately 0.12% of SPDR S&P Kensho Smart Mobility ETF as of its most recent SEC filing.

SPDR S&P Kensho Smart Mobility ETF Stock Down 2.0%

Shares of HAIL stock traded down $0.74 during trading hours on Friday, hitting $35.43. 172 shares of the company’s stock were exchanged, compared to its average volume of 3,035. SPDR S&P Kensho Smart Mobility ETF has a fifty-two week low of $30.19 and a fifty-two week high of $44.80. The firm has a market cap of $18.42 million, a P/E ratio of 13.73 and a beta of 1.51. The firm has a 50 day moving average of $39.35 and a two-hundred day moving average of $36.84.

About SPDR S&P Kensho Smart Mobility ETF

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that is based on the S&P Kensho Smart Transportation index. The fund tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems. HAIL was launched on Dec 26, 2017 and is managed by State Street.