SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Sees Significant Drop in Short Interest

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 4,793 shares, a decrease of 81.8% from the January 29th total of 26,331 shares. Based on an average trading volume of 17,878 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 17,878 shares, the short-interest ratio is currently 0.3 days.

SPDR S&P Kensho Final Frontiers ETF Stock Performance

Shares of ROKT traded up $0.88 on Thursday, reaching $104.48. The stock had a trading volume of 15,150 shares, compared to its average volume of 19,391. SPDR S&P Kensho Final Frontiers ETF has a 12-month low of $45.26 and a 12-month high of $105.40. The firm has a market capitalization of $68.96 million, a price-to-earnings ratio of 26.20 and a beta of 1.09. The company has a 50-day simple moving average of $96.59 and a 200-day simple moving average of $83.22.

Institutional Trading of SPDR S&P Kensho Final Frontiers ETF

A number of hedge funds have recently modified their holdings of the business. WealthBridge Capital Management LLC increased its stake in shares of SPDR S&P Kensho Final Frontiers ETF by 24.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 14,221 shares of the company’s stock worth $1,084,000 after acquiring an additional 2,812 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in SPDR S&P Kensho Final Frontiers ETF in the third quarter worth about $61,000. Wealthfront Advisers LLC bought a new position in shares of SPDR S&P Kensho Final Frontiers ETF during the fourth quarter valued at approximately $221,000. Virtus Family Office LLC bought a new position in shares of SPDR S&P Kensho Final Frontiers ETF during the fourth quarter valued at approximately $324,000. Finally, D.A. Davidson & CO. bought a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the 4th quarter worth approximately $200,000.

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.