SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Shares Shorted: Short Interest Down 55.9% in September

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 7,290 shares, a decline of 55.9% from the August 31st total of 16,541 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 14,173 shares, the short-interest ratio is presently 0.5 days.

SPDR S&P Kensho Final Frontiers ETF Stock Up 0.5%

SPDR S&P Kensho Final Frontiers ETF stock traded up $0.51 during midday trading on Wednesday, reaching $104.90. The company’s stock had a trading volume of 3,943 shares, compared to its average volume of 31,187. SPDR S&P Kensho Final Frontiers ETF has a fifty-two week low of $72.64 and a fifty-two week high of $137.63. The company has a market cap of $175.18 million, a P/E ratio of 26.20 and a beta of 1.11. The business has a 50-day simple moving average of $111.62 and a 200-day simple moving average of $112.93.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Liberty One Investment Management LLC purchased a new stake in SPDR S&P Kensho Final Frontiers ETF during the first quarter worth approximately $1,211,000. Fulcrum Equity Management increased its stake in SPDR S&P Kensho Final Frontiers ETF by 3.2% in the second quarter. Fulcrum Equity Management now owns 3,021 shares of the company’s stock valued at $361,000 after purchasing an additional 95 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in SPDR S&P Kensho Final Frontiers ETF during the first quarter worth approximately $90,000.

SPDR S&P Kensho Final Frontiers ETF Company Profile

The SPDR Kensho Final Frontiers ETF (ROKT) is an exchange-traded fund that is based on the S&P Kensho Final Frontiers index. The fund tracks a tier-weighted index of US equities associated with space and deep sea exploration. ROKT was launched on Oct 22, 2018 and is managed by State Street.