SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Short Interest Down 73.9% in June

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,497 shares, a drop of 73.9% from the June 15th total of 40,250 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 36,909 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Fulcrum Equity Management grew its stake in SPDR S&P Kensho Final Frontiers ETF by 3.2% during 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 in the last quarter. JPMorgan Chase & Co. bought a new position in SPDR S&P Kensho Final Frontiers ETF during the 3rd quarter valued at $61,000. Osaic Holdings Inc. grew its holdings in SPDR S&P Kensho Final Frontiers ETF by 42.4% during the 4th quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock worth $229,000 after acquiring an additional 801 shares in the last quarter. Fifth Third Bancorp acquired a new position in SPDR S&P Kensho Final Frontiers ETF during the 1st quarter worth $90,000. Finally, D.A. Davidson & CO. bought a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the 4th quarter worth about $200,000.

SPDR S&P Kensho Final Frontiers ETF Stock Performance

Shares of ROKT traded up $1.22 during trading hours on Tuesday, hitting $111.48. The stock had a trading volume of 29,928 shares, compared to its average volume of 35,719. SPDR S&P Kensho Final Frontiers ETF has a 12-month low of $65.83 and a 12-month high of $137.63. The firm has a market cap of $230.76 million, a P/E ratio of 26.20 and a beta of 1.10. The company’s fifty day simple moving average is $119.20 and its 200 day simple moving average is $107.98.

SPDR S&P Kensho Final Frontiers ETF Company Profile

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.