Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Grows By 118.9%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 22,487 shares, a growth of 118.9% from the July 30th total of 10,272 shares. Based on an average daily volume of 18,435 shares, the short-interest ratio is currently 1.2 days. Currently, 1.1% of the company’s shares are short sold.

SPDR S&P Kensho Final Frontiers ETF Stock Down 1.7%

NYSEARCA:ROKT traded down $1.86 during trading hours on Friday, reaching $110.77. 11,259 shares of the stock were exchanged, compared to its average volume of 33,739. SPDR S&P Kensho Final Frontiers ETF has a twelve month low of $69.97 and a twelve month high of $137.63. The business has a 50-day moving average of $114.32 and a two-hundred day moving average of $112.16. The company has a market capitalization of $229.29 million, a price-to-earnings ratio of 26.20 and a beta of 1.11.

Institutional Trading of SPDR S&P Kensho Final Frontiers ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the third quarter valued at approximately $61,000. Fifth Third Bancorp acquired a new stake in SPDR S&P Kensho Final Frontiers ETF during the 1st quarter worth approximately $90,000. D.A. Davidson & CO. purchased a new position in SPDR S&P Kensho Final Frontiers ETF in the 4th quarter valued at approximately $200,000. Wealthfront Advisers LLC acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the fourth quarter worth $221,000. Finally, Osaic Holdings Inc. grew its stake in shares of SPDR S&P Kensho Final Frontiers ETF by 42.4% in the fourth quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock worth $229,000 after acquiring an additional 801 shares in the last quarter.

SPDR S&P Kensho Final Frontiers ETF Company Profile

The SPDR Kensho Final Frontiers ETF (ROKT) is an exchange-traded fund that is based on the S&P Kensho Final Frontiers index. The fund tracks a tier-weighted index of US equities associated with space and deep sea exploration. ROKT was launched on Oct 22, 2018 and is managed by State Street.