SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) Sees Large Decline in Short Interest

Posted by Donna Armstrong on Aug 28th, 2026

SP Funds S&P Global Technology ETF (NYSEARCA:SPTE – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 5,751 shares, a drop of 84.2% from the July 30th total of 36,285 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 68,433 shares, the short-interest ratio is currently 0.1 days.

SP Funds S&P Global Technology ETF Stock Down 0.9%

Shares of SP Funds S&P Global Technology ETF stock traded down $0.42 during trading hours on Friday, reaching $47.49. 31,192 shares of the company’s stock were exchanged, compared to its average volume of 49,049. SP Funds S&P Global Technology ETF has a 1 year low of $30.97 and a 1 year high of $50.75. The company has a market capitalization of $224.15 million, a P/E ratio of 34.36 and a beta of 1.59. The business has a fifty day moving average of $46.71 and a two-hundred day moving average of $42.75.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. RFG Advisory LLC purchased a new stake in shares of SP Funds S&P Global Technology ETF in the first quarter valued at approximately $574,000. Cetera Investment Advisers purchased a new position in SP Funds S&P Global Technology ETF during the first quarter worth approximately $768,000. World Equity Group Inc. purchased a new position in SP Funds S&P Global Technology ETF during the second quarter worth approximately $232,000. Flow Traders U.S. LLC acquired a new position in SP Funds S&P Global Technology ETF during the second quarter worth $345,000. Finally, Citadel Advisors LLC boosted its stake in SP Funds S&P Global Technology ETF by 44.2% during the third quarter. Citadel Advisors LLC now owns 10,010 shares of the company’s stock worth $344,000 after buying an additional 3,068 shares during the last quarter.

SP Funds S&P Global Technology ETF Company Profile

(Get Free Report)

The SP Funds S&P Global Technology ETF (SPTE) is an exchange-traded fund that mostly invests in information technology equity. The fund is a passively managed fund, investing in global technology firms adhering to Shariah investment principles. Stocks selected for the portfolio are weighted based on market-cap SPTE was launched on Nov 30, 2023 and is issued by SP Funds.