SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Sees Significant Decrease in Short Interest

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,407 shares, a drop of 37.1% from the June 15th total of 2,237 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 5,774 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On SPDR S&P Kensho Smart Mobility ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Smart Mobility ETF stock. U.S. Capital Wealth Advisors LLC acquired a new position in SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,510 shares of the company’s stock, valued at approximately $516,000. U.S. Capital Wealth Advisors LLC owned 2.63% of SPDR S&P Kensho Smart Mobility ETF at the end of the most recent quarter.

SPDR S&P Kensho Smart Mobility ETF Stock Performance

Shares of HAIL traded down $0.80 during trading hours on Friday, reaching $35.81. 226 shares of the company traded hands, compared to its average volume of 3,127. The stock’s fifty day moving average is $39.70 and its 200 day moving average is $36.75. The stock has a market cap of $19.34 million, a P/E ratio of 13.73 and a beta of 1.51. SPDR S&P Kensho Smart Mobility ETF has a 1-year low of $30.19 and a 1-year high of $44.80.

SPDR S&P Kensho Smart Mobility ETF Company Profile

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that is based on the S&P Kensho Smart Transportation index. The fund tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems. HAIL was launched on Dec 26, 2017 and is managed by State Street.