SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Sees Significant Increase in Short Interest

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKTGet Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 60,336 shares, a growth of 300.9% from the May 14th total of 15,052 shares. Based on an average trading volume of 84,976 shares, the days-to-cover ratio is currently 0.7 days. Currently, 4.3% of the company’s stock are sold short.

SPDR S&P Kensho Final Frontiers ETF Stock Down 3.5%

Shares of NYSEARCA:ROKT opened at $120.01 on Friday. SPDR S&P Kensho Final Frontiers ETF has a 52-week low of $60.84 and a 52-week high of $137.63. The company has a 50 day moving average of $117.02 and a two-hundred day moving average of $102.58. The company has a market capitalization of $166.81 million, a price-to-earnings ratio of 26.20 and a beta of 1.08.

Institutional Trading of SPDR S&P Kensho Final Frontiers ETF

Several large investors have recently bought and sold shares of ROKT. JPMorgan Chase & Co. acquired a new stake in SPDR S&P Kensho Final Frontiers ETF in the third quarter valued at approximately $61,000. Fifth Third Bancorp acquired a new stake in SPDR S&P Kensho Final Frontiers ETF in the first quarter valued at approximately $90,000. D.A. Davidson & CO. acquired a new stake in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at approximately $200,000. Wealthfront Advisers LLC acquired a new stake in SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at approximately $221,000. Finally, Osaic Holdings Inc. grew its position in SPDR S&P Kensho Final Frontiers ETF by 42.4% in the fourth quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock valued at $229,000 after acquiring an additional 801 shares in the last quarter.

About SPDR S&P Kensho Final Frontiers ETF

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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.

Further Reading

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