Short Interest in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Increases By 53.8%

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares, an increase of 53.8% from the September 30th total of 1,300 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 5.0 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 5.0 days. Currently, 2.9% of the shares of the company are sold short.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Performance

NASDAQ:TEKX opened at $45.22 on Tuesday. The firm’s 50-day moving average is $40.01 and its 200-day moving average is $32.81. SPDR Galaxy Transformative Tech Accelerators ETF has a 52-week low of $19.02 and a 52-week high of $45.29. The company has a market cap of $2.71 million, a price-to-earnings ratio of 26.41 and a beta of 2.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC acquired a new position in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent filing with the Securities and Exchange Commission.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically.