SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Down 44.7% in March

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 2,428 shares, a decrease of 44.7% from the February 26th total of 4,394 shares. Based on an average daily volume of 2,184 shares, the short-interest ratio is presently 1.1 days. Approximately 3.0% of the company’s shares are sold short.

SPDR Galaxy Transformative Tech Accelerators ETF Price Performance

TEKX opened at $43.89 on Friday. SPDR Galaxy Transformative Tech Accelerators ETF has a 52 week low of $19.02 and a 52 week high of $47.06. The business has a fifty day simple moving average of $44.39 and a 200-day simple moving average of $42.61. The firm has a market cap of $3.51 million, a P/E ratio of 26.41 and a beta of 2.97.

Hedge Funds Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned approximately 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF at the end of the most recent reporting period.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.