SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Down 82.4% in June

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,198 shares, a drop of 82.4% from the May 31st total of 12,478 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 8,402 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Galaxy Transformative Tech Accelerators ETF Trading Up 0.2%

Shares of TEKX stock opened at $69.25 on Friday. The firm has a market capitalization of $9.00 million, a price-to-earnings ratio of 26.41 and a beta of 3.15. The business’s 50-day moving average price is $62.30 and its 200-day moving average price is $50.09. SPDR Galaxy Transformative Tech Accelerators ETF has a 12 month low of $31.08 and a 12 month high of $77.28.

Institutional Investors Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC bought a new position in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned about 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent reporting period.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.