Short Interest in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Drops By 32.9%

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 380 shares, a drop of 32.9% from the February 12th total of 566 shares. Based on an average trading volume of 453 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 453 shares, the days-to-cover ratio is currently 0.8 days.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

SIMS stock traded down $0.10 during midday trading on Friday, reaching $42.26. 476 shares of the stock were exchanged, compared to its average volume of 893. SPDR S&P Kensho Intelligent Structures ETF has a 52 week low of $26.41 and a 52 week high of $48.58. The company has a fifty day moving average price of $44.54 and a 200 day moving average price of $43.68. The stock has a market capitalization of $8.03 million, a PE ratio of 21.58 and a beta of 1.36.

Institutional Trading of SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP acquired a new stake in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned 2.58% of SPDR S&P Kensho Intelligent Structures ETF at the end of the most recent reporting period.

About SPDR S&P Kensho Intelligent Structures ETF

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.