SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT – Get Free Report) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 7,290 shares, a decrease of 55.9% from the August 31st total of 16,541 shares. Based on an average daily volume of 14,173 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s shares are sold short.
SPDR S&P Kensho Final Frontiers ETF Stock Performance
Shares of ROKT traded down $1.50 during midday trading on Monday, hitting $105.65. 5,048 shares of the stock were exchanged, compared to its average volume of 31,447. SPDR S&P Kensho Final Frontiers ETF has a 52-week low of $72.64 and a 52-week high of $137.63. The stock has a fifty day simple moving average of $111.72 and a 200 day simple moving average of $112.91. The firm has a market cap of $176.44 million, a P/E ratio of 26.20 and a beta of 1.11.
Hedge Funds Weigh In On SPDR S&P Kensho Final Frontiers ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in SPDR S&P Kensho Final Frontiers ETF in the 1st quarter valued at about $90,000. Fulcrum Equity Management lifted its position in shares of SPDR S&P Kensho Final Frontiers ETF by 3.2% during the second quarter. Fulcrum Equity Management now owns 3,021 shares of the company’s stock worth $361,000 after purchasing an additional 95 shares in the last quarter. Finally, Liberty One Investment Management LLC purchased a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the first quarter valued at approximately $1,211,000.
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.
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