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 decline in short interest during the month of June. As of June 30th, there was short interest totaling 10,497 shares, a decline of 73.9% from the June 15th total of 40,250 shares. Based on an average daily volume of 36,909 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

SPDR S&P Kensho Final Frontiers ETF Stock Down 2.2%

Shares of SPDR S&P Kensho Final Frontiers ETF stock traded down $2.51 during trading hours on Monday, reaching $110.26. 27,497 shares of the company’s stock were exchanged, compared to its average volume of 35,766. The business has a fifty day moving average of $119.20 and a two-hundred day moving average of $107.98. The company has a market capitalization of $228.24 million, a P/E ratio of 26.20 and a beta of 1.10. SPDR S&P Kensho Final Frontiers ETF has a 1 year low of $65.83 and a 1 year high of $137.63.

Hedge Funds Weigh In On SPDR S&P Kensho Final Frontiers ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ROKT. WealthBridge Capital Management LLC raised its holdings in 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 valued at $1,428,000 after acquiring an additional 2,566 shares during the last quarter. Client First Investment Management LLC acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth approximately $1,084,000. Liberty One Investment Management LLC purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the first quarter valued at approximately $1,211,000. Virtus Family Office LLC purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the fourth quarter valued at approximately $324,000. Finally, Fulcrum Equity Management increased its holdings in shares of SPDR S&P Kensho Final Frontiers ETF by 3.2% in the second quarter. Fulcrum Equity Management now owns 3,021 shares of the company’s stock valued at $361,000 after purchasing an additional 95 shares during the last quarter.

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.