Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Increases By 300.9%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 60,336 shares, an increase of 300.9% from the May 14th total of 15,052 shares. Currently, 4.3% of the shares of the company are sold short. Based on an average trading volume of 84,976 shares, the days-to-cover ratio is presently 0.7 days.

SPDR S&P Kensho Final Frontiers ETF Stock Down 3.5%

SPDR S&P Kensho Final Frontiers ETF stock traded down $4.35 during mid-day trading on Friday, hitting $120.01. 55,963 shares of the company’s stock traded hands, compared to its average volume of 36,143. The firm has a 50 day moving average price of $117.02 and a 200 day moving average price of $102.58. The company has a market cap of $166.81 million, a PE ratio of 26.20 and a beta of 1.08. SPDR S&P Kensho Final Frontiers ETF has a one year low of $60.84 and a one year high of $137.63.

Institutional Trading of SPDR S&P Kensho Final Frontiers ETF

Several hedge funds have recently added to or reduced their stakes in the business. WealthBridge Capital Management LLC raised its stake in SPDR S&P Kensho Final Frontiers ETF by 18.0% during the 4th quarter. WealthBridge Capital Management LLC now owns 16,787 shares of the company’s stock valued at $1,428,000 after acquiring an additional 2,566 shares in the last quarter. Client First Investment Management LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter valued at $1,084,000. Liberty One Investment Management LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF during the 1st quarter valued at $1,211,000. Virtus Family Office LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter valued at $324,000. Finally, Osaic Holdings Inc. raised its stake in SPDR S&P Kensho Final Frontiers ETF by 42.4% during the 4th quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock valued at $229,000 after acquiring an additional 801 shares in the last quarter.

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.