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

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) saw a significant decrease in short interest in 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 short-interest ratio is presently 2.8 days. Approximately 0.4% of the company’s shares are sold short.

SPDR S&P Kensho Smart Mobility ETF Stock Down 0.2%

NYSEARCA HAIL traded down $0.07 during trading on Thursday, hitting $38.25. The stock had a trading volume of 1,871 shares, compared to its average volume of 2,884. The company has a market capitalization of $19.89 million, a PE ratio of 13.73 and a beta of 1.53. The firm has a 50 day moving average price of $38.26 and a 200 day moving average price of $36.90. SPDR S&P Kensho Smart Mobility ETF has a twelve month low of $30.60 and a twelve month high of $44.80.

Institutional Investors Weigh In On SPDR S&P Kensho Smart Mobility ETF

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

SPDR S&P Kensho Smart Mobility ETF Company Profile

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.