SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Short Interest Down 94.7% in July

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,068 shares, a decrease of 94.7% from the July 15th total of 39,312 shares. Based on an average daily volume of 750 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Trading of SPDR S&P Kensho Smart Mobility ETF

An institutional investor recently bought a new stake in SPDR S&P Kensho Smart Mobility ETF stock. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 811 shares of the company’s stock, valued at approximately $25,000. Raymond James Financial Inc. owned about 0.12% of SPDR S&P Kensho Smart Mobility ETF at the end of the most recent reporting period.

SPDR S&P Kensho Smart Mobility ETF Trading Up 0.6%

SPDR S&P Kensho Smart Mobility ETF stock traded up $0.23 during midday trading on Tuesday, hitting $38.29. 1,706 shares of the stock were exchanged, compared to its average volume of 2,907. SPDR S&P Kensho Smart Mobility ETF has a fifty-two week low of $30.60 and a fifty-two week high of $44.80. The stock has a market capitalization of $19.91 million, a price-to-earnings ratio of 13.73 and a beta of 1.53. The stock’s 50-day simple moving average is $38.37 and its 200 day simple moving average is $36.90.

About SPDR S&P Kensho Smart Mobility ETF

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that is based on the S&P Kensho Smart Transportation index. The fund tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems. HAIL was launched on Dec 26, 2017 and is managed by State Street.