SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Short Interest Update

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKTGet Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 33,648 shares, a growth of 254.0% from the December 31st total of 9,505 shares. Based on an average daily trading volume, of 16,343 shares, the days-to-cover ratio is currently 2.1 days. Approximately 5.5% of the company’s shares are sold short. Approximately 5.5% of the company’s shares are sold short. Based on an average daily trading volume, of 16,343 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. WealthBridge Capital Management LLC raised its stake in SPDR S&P Kensho Final Frontiers ETF by 18.0% in the fourth quarter. WealthBridge Capital Management LLC now owns 16,787 shares of the company’s stock worth $1,428,000 after buying an additional 2,566 shares in the last quarter. Wealthfront Advisers LLC bought a new position in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter worth about $221,000. D.A. Davidson & CO. bought a new position in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter worth about $200,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the third quarter valued at about $61,000.

SPDR S&P Kensho Final Frontiers ETF Trading Down 2.2%

Shares of NYSEARCA ROKT traded down $2.22 during trading hours on Friday, reaching $100.79. The stock had a trading volume of 11,538 shares, compared to its average volume of 19,447. The business’s fifty day moving average price is $88.32 and its two-hundred day moving average price is $78.81. The firm has a market cap of $63.50 million, a price-to-earnings ratio of 26.20 and a beta of 1.09. SPDR S&P Kensho Final Frontiers ETF has a 52-week low of $45.26 and a 52-week high of $105.40.

SPDR S&P Kensho Final Frontiers ETF Company Profile

(Get Free Report)

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.

Further Reading

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