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 March. As of March 13th, there was short interest totaling 769 shares, an increase of 102.4% from the February 26th total of 380 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 709 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On SPDR S&P Kensho Intelligent Structures ETF

An institutional investor recently bought a new position in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP bought a new stake in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 filing with the Securities and Exchange Commission.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

NYSEARCA SIMS traded down $0.50 on Friday, hitting $41.37. 128 shares of the stock were exchanged, compared to its average volume of 784. The company has a market capitalization of $7.86 million, a PE ratio of 21.58 and a beta of 1.36. The business’s fifty day moving average is $44.19 and its 200 day moving average is $43.85. SPDR S&P Kensho Intelligent Structures ETF has a 52 week low of $26.41 and a 52 week high of $48.58.

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.