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

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 133 shares, a growth of 125.4% from the July 30th total of 59 shares. Based on an average daily volume of 518 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP purchased a new stake in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 at the end of the most recent quarter.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

NYSEARCA:SIMS traded down $0.67 during trading hours on Friday, reaching $43.35. 39 shares of the company were exchanged, compared to its average volume of 669. The firm has a market cap of $8.24 million, a price-to-earnings ratio of 21.58 and a beta of 1.31. The stock has a 50 day simple moving average of $45.15 and a 200 day simple moving average of $44.96. SPDR S&P Kensho Intelligent Structures ETF has a 52-week low of $38.83 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.