SPDR Kensho Future Security ETF (NYSEARCA:FITE) Short Interest Update

SPDR Kensho Future Security ETF (NYSEARCA:FITE) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 8,211 shares, a growth of 28.6% from the December 31st total of 6,384 shares. Based on an average daily trading volume, of 19,902 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 19,902 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of SPDR Kensho Future Security ETF

Large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in shares of SPDR Kensho Future Security ETF in the third quarter worth $856,000. Hutchens & Kramer Investment Management Group LLC purchased a new stake in SPDR Kensho Future Security ETF in the fourth quarter valued at $481,000. USAdvisors Wealth Management LLC acquired a new stake in SPDR Kensho Future Security ETF during the 3rd quarter worth about $318,000. Frederick Financial Consultants LLC raised its stake in shares of SPDR Kensho Future Security ETF by 2.3% during the 2nd quarter. Frederick Financial Consultants LLC now owns 155,355 shares of the company’s stock valued at $11,801,000 after buying an additional 3,537 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in shares of SPDR Kensho Future Security ETF by 64.7% during the 1st quarter. Focus Partners Wealth now owns 5,949 shares of the company’s stock valued at $374,000 after buying an additional 2,338 shares during the last quarter.

SPDR Kensho Future Security ETF Stock Down 0.5%

Shares of NYSEARCA:FITE traded down $0.49 on Monday, hitting $91.57. 10,338 shares of the company traded hands, compared to its average volume of 15,149. The stock has a 50 day simple moving average of $88.94 and a 200-day simple moving average of $84.87. SPDR Kensho Future Security ETF has a 52 week low of $53.86 and a 52 week high of $97.47. The company has a market cap of $112.63 million, a PE ratio of 29.07 and a beta of 0.99.

SPDR Kensho Future Security ETF Company Profile

The SPDR S&P Kensho Future Security ETF (FITE) is an exchange-traded fund that is based on the S&P Kensho Future Security index. The fund tracks an index of US stocks supporting technological innovations in future military and security applications. FITE was launched on Dec 26, 2017 and is managed by State Street.