SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Stock Short Interest Report for October

SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 14,424 shares, a drop of 75.6% from the September 30th total of 59,207 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 58,787 shares, the days-to-cover ratio is currently 0.2 days.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

Shares of SPDR S&P Kensho New Economies Composite ETF stock traded down $2.61 on Friday, hitting $61.98. 20,703 shares of the company’s stock were exchanged, compared to its average volume of 80,409. The stock has a market capitalization of $2.46 billion, a PE ratio of 20.26 and a beta of 1.34. The company has a 50-day simple moving average of $66.21 and a 200-day simple moving average of $66.02. SPDR S&P Kensho New Economies Composite ETF has a 1 year low of $55.69 and a 1 year high of $75.61.

Institutional Trading of SPDR S&P Kensho New Economies Composite ETF

A number of large investors have recently modified their holdings of KOMP. Midland Wealth Advisors LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at about $75,607,000. Baird Financial Group Inc. grew its position in SPDR S&P Kensho New Economies Composite ETF by 0.9% during the 2nd quarter. Baird Financial Group Inc. now owns 230,181 shares of the company’s stock worth $16,458,000 after purchasing an additional 2,101 shares during the last quarter. Financial Guidance Group Inc. increased its holdings in SPDR S&P Kensho New Economies Composite ETF by 1.2% in the 1st quarter. Financial Guidance Group Inc. now owns 100,466 shares of the company’s stock worth $5,875,000 after buying an additional 1,189 shares during the period. Bank of America Corp DE lifted its position in SPDR S&P Kensho New Economies Composite ETF by 2.7% during the first quarter. Bank of America Corp DE now owns 92,875 shares of the company’s stock valued at $5,431,000 after purchasing an additional 2,440 shares during the period. Finally, MGO One Seven LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at approximately $4,727,000.

About SPDR S&P Kensho New Economies Composite ETF

The SPDR S&P Kensho New Economies Composite ETF (KOMP) is an exchange-traded fund that is based on the S&P Kensho New Economies Composite index. The fund tracks a tier-weighted index of US-listed companies with products or services that disrupt traditional industries. KOMP was launched on Oct 22, 2018 and is managed by State Street.