SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Update

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 896 shares, an increase of 175.7% from the December 31st total of 325 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 1,973 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 1,973 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

SPDR S&P Kensho Intelligent Structures ETF Trading Down 1.4%

NYSEARCA:SIMS opened at $44.14 on Friday. The company has a 50-day moving average price of $43.64 and a 200-day moving average price of $42.23. The stock has a market cap of $8.39 million, a price-to-earnings ratio of 21.58 and a beta of 1.36. SPDR S&P Kensho Intelligent Structures ETF has a 12 month low of $26.41 and a 12 month high of $48.58.

Institutional Inflows and Outflows

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) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned 2.58% of SPDR S&P Kensho Intelligent Structures ETF as of its most recent SEC filing.

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.