SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Shares Shorted: Short Interest Down 70.2% in October

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 2,241 shares, a decrease of 70.2% from the September 30th total of 7,514 shares. Based on an average daily trading volume, of 28,460 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR S&P Kensho Final Frontiers ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. WealthBridge Capital Management LLC grew its position in shares of SPDR S&P Kensho Final Frontiers ETF by 1.1% during the 3rd quarter. WealthBridge Capital Management LLC now owns 15,333 shares of the company’s stock worth $1,595,000 after purchasing an additional 161 shares in the last quarter. Liberty One Investment Management LLC acquired a new position in SPDR S&P Kensho Final Frontiers ETF during the first quarter worth about $1,211,000. Fulcrum Equity Management lifted its stake in SPDR S&P Kensho Final Frontiers ETF by 3.2% in the 2nd 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. Kingswood Wealth Advisors LLC grew its position in SPDR S&P Kensho Final Frontiers ETF by 5.9% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 2,765 shares of the company’s stock worth $288,000 after acquiring an additional 154 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the third quarter valued at approximately $245,000.

SPDR S&P Kensho Final Frontiers ETF Price Performance

Shares of SPDR S&P Kensho Final Frontiers ETF stock traded down $2.77 on Friday, hitting $103.24. The company had a trading volume of 10,938 shares, compared to its average volume of 30,019. The firm has a market capitalization of $153.83 million, a P/E ratio of 26.20 and a beta of 1.13. The stock has a 50-day moving average of $105.99 and a 200-day moving average of $109.46. SPDR S&P Kensho Final Frontiers ETF has a twelve month low of $72.64 and a twelve month high of $137.63.

About SPDR S&P Kensho Final Frontiers ETF

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.