SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Down 73.6% in December

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 138 shares, a drop of 73.6% from the November 30th total of 522 shares. Based on an average daily trading volume, of 1,178 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,178 shares, the short-interest ratio is currently 0.1 days.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

Shares of SPDR S&P Kensho Intelligent Structures ETF stock traded down $0.01 during trading on Friday, hitting $42.89. 260 shares of the stock were exchanged, compared to its average volume of 1,496. SPDR S&P Kensho Intelligent Structures ETF has a 12 month low of $26.41 and a 12 month high of $48.58. The stock’s fifty day moving average is $44.16 and its 200 day moving average is $40.80. The stock has a market cap of $8.58 million, a PE ratio of 21.58 and a beta of 1.36.

Institutional Investors Weigh In On SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently raised its stake in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. raised its holdings in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,545 shares of the company’s stock after buying an additional 499 shares during the period. Freedom Investment Management Inc. owned about 5.64% of SPDR S&P Kensho Intelligent Structures ETF worth $480,000 as of its most recent SEC filing.

About SPDR S&P Kensho Intelligent Structures ETF

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US-listed companies that focuses on innovative infrastructure. SIMS was launched on Dec 26, 2017 and is managed by State Street.