SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 12,478 shares, an increase of 97.2% from the May 14th total of 6,329 shares. Currently, 9.6% of the company’s stock are short sold. Based on an average daily volume of 5,523 shares, the days-to-cover ratio is presently 2.3 days.
SPDR Galaxy Transformative Tech Accelerators ETF Trading Up 1.2%
TEKX traded up $0.80 during trading on Friday, reaching $68.28. The stock had a trading volume of 3,450 shares, compared to its average volume of 3,517. The stock’s 50 day moving average is $57.27 and its two-hundred day moving average is $48.14. The company has a market capitalization of $8.88 million, a price-to-earnings ratio of 26.41 and a beta of 3.15. SPDR Galaxy Transformative Tech Accelerators ETF has a one year low of $27.60 and a one year high of $71.73.
Hedge Funds Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF
An institutional investor recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC acquired a new position in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned approximately 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent quarter.
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.
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