SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Short Interest Down 70.1% in June

SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 9,579 shares, a drop of 70.1% from the June 15th total of 32,042 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 66,650 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On SPDR S&P Kensho New Economies Composite ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter valued at $38,000. Harbour Investments Inc. lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 507.2% during the 4th quarter. Harbour Investments Inc. now owns 674 shares of the company’s stock worth $40,000 after buying an additional 563 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in SPDR S&P Kensho New Economies Composite ETF during the 4th quarter worth about $48,000. Parallel Advisors LLC boosted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 3,987.0% during the 1st quarter. Parallel Advisors LLC now owns 940 shares of the company’s stock worth $55,000 after acquiring an additional 917 shares in the last quarter. Finally, Arax Advisory Partners acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter worth about $64,000.

SPDR S&P Kensho New Economies Composite ETF Stock Down 0.9%

SPDR S&P Kensho New Economies Composite ETF stock traded down $0.63 during trading on Friday, reaching $68.43. The stock had a trading volume of 40,821 shares, compared to its average volume of 90,226. SPDR S&P Kensho New Economies Composite ETF has a 52-week low of $54.05 and a 52-week high of $75.61. The business has a 50 day moving average price of $69.95 and a 200 day moving average price of $65.18. The stock has a market cap of $2.70 billion, a PE ratio of 20.26 and a beta of 1.32.

About SPDR S&P Kensho New Economies Composite ETF

The SPDR S&P Kensho New Economies Composite ETF (KOMP) is an exchange-traded fund that is based on the S&P Kensho New Economies Composite index. The fund tracks a tier-weighted index of US-listed companies with products or services that disrupt traditional industries. KOMP was launched on Oct 22, 2018 and is managed by State Street.