Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Decreases By 38.5%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 9,827 shares, a decline of 38.5% from the April 15th total of 15,990 shares. Based on an average daily trading volume, of 62,767 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.7% of the shares of the company are short sold.

SPDR S&P Kensho Final Frontiers ETF Stock Performance

NYSEARCA ROKT traded up $1.54 on Monday, reaching $119.11. The stock had a trading volume of 34,047 shares, compared to its average volume of 27,176. SPDR S&P Kensho Final Frontiers ETF has a 12-month low of $56.61 and a 12-month high of $121.97. The business’s 50-day moving average price is $108.24 and its 200 day moving average price is $96.44. The stock has a market cap of $165.56 million, a P/E ratio of 26.20 and a beta of 1.03.

Institutional Investors Weigh In On SPDR S&P Kensho Final Frontiers ETF

Several large investors have recently modified their holdings of ROKT. JPMorgan Chase & Co. purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the third quarter worth approximately $61,000. WealthBridge Capital Management LLC raised its stake in shares of SPDR S&P Kensho Final Frontiers ETF by 24.6% during the third quarter. WealthBridge Capital Management LLC now owns 14,221 shares of the company’s stock worth $1,084,000 after purchasing an additional 2,812 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the fourth quarter worth approximately $200,000. Wealthfront Advisers LLC purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the fourth quarter worth approximately $221,000. Finally, Virtus Family Office LLC purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the fourth quarter worth approximately $324,000.

SPDR S&P Kensho Final Frontiers ETF Company Profile

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.