Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Decreases By 81.8%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 4,793 shares, a decline of 81.8% from the January 29th total of 26,331 shares. Based on an average trading volume of 17,878 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 17,878 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. WealthBridge Capital Management LLC increased its position in shares of SPDR S&P Kensho Final Frontiers ETF by 18.0% in the 4th quarter. WealthBridge Capital Management LLC now owns 16,787 shares of the company’s stock worth $1,428,000 after purchasing an additional 2,566 shares during the last quarter. Client First Investment Management LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at about $1,084,000. Virtus Family Office LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at about $324,000. Osaic Holdings Inc. raised its stake in SPDR S&P Kensho Final Frontiers ETF by 42.4% during the fourth quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock valued at $229,000 after buying an additional 801 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new position in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth approximately $221,000.

SPDR S&P Kensho Final Frontiers ETF Trading Down 0.8%

NYSEARCA ROKT traded down $0.79 during mid-day trading on Friday, reaching $103.69. 13,277 shares of the company’s stock traded hands, compared to its average volume of 19,233. The company has a fifty day simple moving average of $97.44 and a 200-day simple moving average of $83.61. SPDR S&P Kensho Final Frontiers ETF has a 1-year low of $45.26 and a 1-year high of $105.40. The company has a market cap of $68.44 million, a price-to-earnings ratio of 26.20 and a beta of 1.09.

About SPDR S&P Kensho Final Frontiers ETF

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.