SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Down 12.7% in February

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 4,394 shares, a decline of 12.7% from the February 12th total of 5,031 shares. Based on an average daily volume of 2,057 shares, the short-interest ratio is presently 2.1 days. Currently, 5.5% of the shares of the company are sold short. Currently, 5.5% of the shares of the company are sold short. Based on an average daily volume of 2,057 shares, the short-interest ratio is presently 2.1 days.

Institutional Investors Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF

An institutional investor recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC purchased a new stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned approximately 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent SEC filing.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Performance

TEKX stock opened at $43.60 on Tuesday. The firm has a market cap of $3.49 million, a PE ratio of 26.41 and a beta of 2.97. The firm’s fifty day moving average is $44.47 and its 200 day moving average is $42.19. SPDR Galaxy Transformative Tech Accelerators ETF has a one year low of $19.02 and a one year high of $47.06.

SPDR Galaxy Transformative Tech Accelerators ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a dividend of $0.1411 per share. This represents a dividend yield of 35.0%. The ex-dividend date of this dividend was Monday, December 29th.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in companies identified as transformative tech accelerators, both internationally and domestically. TEKX was launched on Sep 9, 2024 and is issued by State Street.