Short Interest in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Increases By 135.5%

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 325 shares, a growth of 135.5% from the December 15th total of 138 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 1,286 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 1,286 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

SPDR S&P Kensho Intelligent Structures ETF Price Performance

Shares of SIMS stock traded up $0.29 during midday trading on Friday, hitting $45.21. The company had a trading volume of 1,131 shares, compared to its average volume of 1,847. SPDR S&P Kensho Intelligent Structures ETF has a 52-week low of $26.41 and a 52-week high of $48.58. The stock has a market cap of $8.59 million, a price-to-earnings ratio of 21.58 and a beta of 1.36. The company’s 50 day simple moving average is $43.29 and its 200 day simple moving average is $41.59.

Hedge Funds Weigh In On SPDR S&P Kensho Intelligent Structures ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP bought a new position in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned 2.58% of SPDR S&P Kensho Intelligent Structures ETF at the end of the most recent quarter.

SPDR S&P Kensho Intelligent Structures ETF Company Profile

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.