SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Down 23.3% in January

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 2,472 shares, a drop of 23.3% from the December 31st total of 3,225 shares. Based on an average daily volume of 1,603 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.1% of the company’s stock are sold short. Currently, 3.1% of the company’s stock are sold short. Based on an average daily volume of 1,603 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC purchased a new position in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 as of its most recent SEC filing.

SPDR Galaxy Transformative Tech Accelerators ETF Price Performance

NASDAQ TEKX traded down $1.60 on Friday, hitting $44.28. 1,877 shares of the company were exchanged, compared to its average volume of 3,049. The firm has a market capitalization of $3.54 million, a P/E ratio of 26.41 and a beta of 2.97. SPDR Galaxy Transformative Tech Accelerators ETF has a twelve month low of $19.02 and a twelve month high of $46.72. The company’s 50 day moving average price is $42.78 and its 200-day moving average price is $39.67.

SPDR Galaxy Transformative Tech Accelerators ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $0.1411 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a dividend yield of 35.0%.

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.