SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Stock Short Interest Falls 70.2%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 2,241 shares, a decrease of 70.2% from the September 30th total of 7,514 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 28,460 shares, the short-interest ratio is presently 0.1 days.

SPDR S&P Kensho Final Frontiers ETF Price Performance

ROKT stock traded up $1.49 during mid-day trading on Thursday, reaching $106.01. The company had a trading volume of 10,322 shares, compared to its average volume of 30,111. The company has a market capitalization of $157.95 million, a PE ratio of 26.20 and a beta of 1.13. The firm has a 50 day moving average of $105.99 and a 200 day moving average of $109.46. SPDR S&P Kensho Final Frontiers ETF has a 12 month low of $72.64 and a 12 month high of $137.63.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. North Star Investment Management Corp. bought a new stake in shares of SPDR S&P Kensho Final Frontiers ETF in the third quarter valued at about $37,000. Fifth Third Bancorp bought a new position in SPDR S&P Kensho Final Frontiers ETF during the 1st quarter worth about $90,000. D.A. Davidson & CO. purchased a new position in SPDR S&P Kensho Final Frontiers ETF during the 3rd quarter valued at about $245,000. Kingswood Wealth Advisors LLC increased its position in SPDR S&P Kensho Final Frontiers ETF by 5.9% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 2,765 shares of the company’s stock valued at $288,000 after purchasing an additional 154 shares during the period. Finally, Fulcrum Equity Management increased its position in SPDR S&P Kensho Final Frontiers ETF by 3.2% during the 2nd 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 period.

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.