SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Sees Large Decrease in Short Interest

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,407 shares, a decrease of 37.1% from the June 15th total of 2,237 shares. Based on an average daily volume of 5,774 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

SPDR S&P Kensho Smart Mobility ETF Trading Down 0.4%

Shares of SPDR S&P Kensho Smart Mobility ETF stock opened at $36.47 on Friday. The firm has a market capitalization of $19.69 million, a PE ratio of 13.73 and a beta of 1.51. SPDR S&P Kensho Smart Mobility ETF has a twelve month low of $30.19 and a twelve month high of $44.80. The firm’s 50-day moving average price is $39.66 and its 200 day moving average price is $36.74.

Hedge Funds Weigh In On SPDR S&P Kensho Smart Mobility ETF

An institutional investor recently bought a new position in SPDR S&P Kensho Smart Mobility ETF stock. U.S. Capital Wealth Advisors LLC purchased a new position in SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,510 shares of the company’s stock, valued at approximately $516,000. U.S. Capital Wealth Advisors LLC owned about 2.63% of SPDR S&P Kensho Smart Mobility ETF at the end of the most recent reporting period.

SPDR S&P Kensho Smart Mobility ETF Company Profile

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that is based on the S&P Kensho Smart Transportation index. The fund tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems. HAIL was launched on Dec 26, 2017 and is managed by State Street.