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

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 44 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 898 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

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

An institutional investor recently bought a new position in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP acquired a new stake in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned 2.58% of SPDR S&P Kensho Intelligent Structures ETF as of its most recent SEC filing.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

NYSEARCA:SIMS remained flat at $44.22 during midday trading on Friday. 14 shares of the company traded hands, compared to its average volume of 712. SPDR S&P Kensho Intelligent Structures ETF has a 12-month low of $36.67 and a 12-month high of $48.58. The firm has a market capitalization of $8.40 million, a P/E ratio of 21.58 and a beta of 1.30. The stock has a fifty day moving average of $45.74 and a two-hundred day moving average of $44.91.

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.