SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) Stock Short Interest Climbs 845.2%

SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 175,749 shares, a growth of 845.2% from the September 15th total of 18,593 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 1,319,321 shares, the short-interest ratio is presently 0.1 days.

SP Funds Dow Jones Global Sukuk ETF Stock Down 0.1%

Shares of NYSEARCA SPSK traded down $0.02 during trading hours on Friday, reaching $17.45. The stock had a trading volume of 114,939 shares, compared to its average volume of 341,338. SP Funds Dow Jones Global Sukuk ETF has a 52-week low of $17.30 and a 52-week high of $18.71. The business’s fifty day moving average price is $17.74 and its two-hundred day moving average price is $17.90.

SP Funds Dow Jones Global Sukuk ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were paid a dividend of $0.0520 per share. The ex-dividend date was Monday, September 28th. This represents a $0.62 annualized dividend and a dividend yield of 3.6%.

Institutional Trading of SP Funds Dow Jones Global Sukuk ETF

A hedge fund recently raised its position in SP Funds Dow Jones Global Sukuk ETF stock. DGS Capital Management LLC raised its holdings in shares of SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Free Report) by 3.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 27,505 shares of the company’s stock after purchasing an additional 789 shares during the period. DGS Capital Management LLC owned 0.11% of SP Funds Dow Jones Global Sukuk ETF worth $492,000 at the end of the most recent reporting period.

About SP Funds Dow Jones Global Sukuk ETF

(Get Free Report)

The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.

Further Reading

Receive News & Ratings for SP Funds Dow Jones Global Sukuk ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SP Funds Dow Jones Global Sukuk ETF and related companies with MarketBeat.com's FREE daily email newsletter.