SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) Shares Shorted: Short Interest Up 845.2% in September

SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 175,749 shares, an increase of 845.2% from the September 15th total of 18,593 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 1,319,321 shares, the days-to-cover ratio is currently 0.1 days.

SP Funds Dow Jones Global Sukuk ETF Stock Down 0.1%

Shares of SP Funds Dow Jones Global Sukuk ETF stock traded down $0.02 during trading on Friday, reaching $17.45. The company’s stock had a trading volume of 114,939 shares, compared to its average volume of 341,338. The company has a 50-day simple moving average of $17.74 and a two-hundred day simple moving average of $17.90. SP Funds Dow Jones Global Sukuk ETF has a 1-year low of $17.30 and a 1-year high of $18.71.

SP Funds Dow Jones Global Sukuk ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, September 28th were given a $0.0520 dividend. This represents a $0.62 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, September 28th.

Institutional Investors Weigh In On SP Funds Dow Jones Global Sukuk ETF

An institutional investor recently raised its stake in SP Funds Dow Jones Global Sukuk ETF stock. Heartwood Wealth Advisors LLC increased its position in shares of SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Free Report) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,713 shares of the company’s stock after acquiring an additional 925 shares during the period. Heartwood Wealth Advisors LLC owned approximately 0.08% of SP Funds Dow Jones Global Sukuk ETF worth $377,000 at the end of the most recent quarter.

About SP Funds Dow Jones Global Sukuk ETF

(Get Free Report)

The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.

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