Short Interest in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Rises By 135.5%

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 325 shares, a growth of 135.5% from the December 15th total of 138 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,286 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,286 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently raised its stake in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. raised its stake in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,545 shares of the company’s stock after acquiring an additional 499 shares during the quarter. Freedom Investment Management Inc. owned approximately 5.64% of SPDR S&P Kensho Intelligent Structures ETF worth $480,000 as of its most recent filing with the Securities & Exchange Commission.

SPDR S&P Kensho Intelligent Structures ETF Trading Down 0.2%

SIMS stock traded down $0.09 during trading on Wednesday, hitting $44.30. The company had a trading volume of 229 shares, compared to its average volume of 2,237. The business has a 50-day moving average of $43.36 and a 200-day moving average of $41.55. SPDR S&P Kensho Intelligent Structures ETF has a one year low of $26.41 and a one year high of $48.58. The stock has a market cap of $8.42 million, a PE ratio of 21.58 and a beta of 1.36.

SPDR S&P Kensho Intelligent Structures ETF Company Profile

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.