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

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) saw a significant growth in short interest in 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. Based on an average trading volume of 1,286 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 1,286 shares, the days-to-cover ratio is presently 0.3 days.

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

An institutional investor recently raised its position in SPDR S&P Kensho Intelligent Structures ETF stock. Freedom Investment Management Inc. raised its position in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,545 shares of the company’s stock after purchasing an additional 499 shares during the quarter. Freedom Investment Management Inc. owned 5.64% of SPDR S&P Kensho Intelligent Structures ETF worth $480,000 at the end of the most recent reporting period.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

NYSEARCA SIMS traded up $0.53 during trading hours on Thursday, reaching $44.92. 404 shares of the company’s stock were exchanged, compared to its average volume of 1,920. SPDR S&P Kensho Intelligent Structures ETF has a one year low of $26.41 and a one year high of $48.58. The company’s 50-day moving average is $43.29 and its two-hundred day moving average is $41.59. The company has a market capitalization of $8.53 million, a price-to-earnings ratio of 21.58 and a beta of 1.36.

About SPDR S&P Kensho Intelligent Structures ETF

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.