SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Update

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 158 shares, a decline of 94.7% from the June 30th total of 2,988 shares. Based on an average trading volume of 4,271 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position 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 the company in its most recent disclosure 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 at the end of the most recent quarter.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Down 4.0%

Shares of TEKX traded down $2.73 during mid-day trading on Friday, hitting $65.76. 3,322 shares of the company traded hands, compared to its average volume of 3,754. The company has a market capitalization of $16.44 million, a PE ratio of 26.41 and a beta of 3.11. The business has a 50 day moving average of $67.15 and a 200 day moving average of $53.71. SPDR Galaxy Transformative Tech Accelerators ETF has a 1-year low of $31.30 and a 1-year high of $77.28.

About SPDR Galaxy Transformative Tech Accelerators ETF

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.