SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 12,478 shares, an increase of 97.2% from the May 14th total of 6,329 shares. Based on an average daily volume of 5,523 shares, the days-to-cover ratio is presently 2.3 days. Approximately 9.6% of the company’s stock are sold short.
SPDR Galaxy Transformative Tech Accelerators ETF Price Performance
Shares of NASDAQ TEKX opened at $69.96 on Tuesday. The business has a fifty day moving average price of $57.85 and a 200 day moving average price of $48.40. SPDR Galaxy Transformative Tech Accelerators ETF has a 1-year low of $27.60 and a 1-year high of $71.73. The stock has a market capitalization of $9.09 million, a P/E ratio of 26.41 and a beta of 3.15.
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 shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter.
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.
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