SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Sees Large Growth in Short Interest

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 84 shares, an increase of 121.1% from the April 30th total of 38 shares. Based on an average daily volume of 773 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP bought a new stake in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned approximately 2.58% of SPDR S&P Kensho Intelligent Structures ETF at the end of the most recent reporting period.

SPDR S&P Kensho Intelligent Structures ETF Trading Down 0.5%

SIMS traded down $0.22 during trading on Friday, hitting $46.51. The company’s stock had a trading volume of 215 shares, compared to its average volume of 754. SPDR S&P Kensho Intelligent Structures ETF has a twelve month low of $33.20 and a twelve month high of $48.58. The business’s fifty day simple moving average is $44.67 and its 200 day simple moving average is $44.13. The firm has a market capitalization of $8.84 million, a price-to-earnings ratio of 21.58 and a beta of 1.33.

About SPDR S&P Kensho Intelligent Structures ETF

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US-listed companies that focuses on innovative infrastructure. SIMS was launched on Dec 26, 2017 and is managed by State Street.