Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Drops By 73.9%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 10,497 shares, a decrease of 73.9% from the June 15th total of 40,250 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 36,909 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of SPDR S&P Kensho Final Frontiers ETF

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the third quarter worth about $61,000. Fifth Third Bancorp purchased a new stake in SPDR S&P Kensho Final Frontiers ETF during the 1st quarter worth approximately $90,000. D.A. Davidson & CO. purchased a new stake in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth approximately $200,000. Wealthfront Advisers LLC acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the 4th quarter valued at approximately $221,000. Finally, Osaic Holdings Inc. raised its position in shares of SPDR S&P Kensho Final Frontiers ETF by 42.4% in the 4th quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock valued at $229,000 after purchasing an additional 801 shares in the last quarter.

SPDR S&P Kensho Final Frontiers ETF Stock Down 0.6%

Shares of NYSEARCA ROKT traded down $0.72 during trading on Friday, reaching $112.77. 21,075 shares of the stock were exchanged, compared to its average volume of 35,831. The company has a market capitalization of $233.43 million, a price-to-earnings ratio of 26.20 and a beta of 1.10. The business’s 50-day moving average price is $119.23 and its 200 day moving average price is $107.82. SPDR S&P Kensho Final Frontiers ETF has a twelve month low of $65.83 and a twelve month high of $137.63.

About SPDR S&P Kensho Final Frontiers ETF

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.