Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Declines By 73.9%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 10,497 shares, a decline of 73.9% from the June 15th total of 40,250 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 36,909 shares, the short-interest ratio is currently 0.3 days.

SPDR S&P Kensho Final Frontiers ETF Stock Performance

Shares of NYSEARCA ROKT traded down $0.72 during trading on Friday, reaching $112.77. The stock had a trading volume of 21,075 shares, compared to its average volume of 35,831. The stock has a market cap of $233.43 million, a PE ratio of 26.20 and a beta of 1.10. SPDR S&P Kensho Final Frontiers ETF has a one year low of $65.83 and a one year high of $137.63. The firm’s 50 day moving average price is $119.23 and its two-hundred day moving average price is $107.82.

Hedge Funds Weigh In On SPDR S&P Kensho Final Frontiers ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Client First Investment Management LLC acquired a new position in shares of SPDR S&P Kensho Final Frontiers ETF in the fourth quarter worth about $1,084,000. Fulcrum Equity Management raised its holdings in shares of SPDR S&P Kensho Final Frontiers ETF by 3.2% during the second quarter. Fulcrum Equity Management now owns 3,021 shares of the company’s stock valued at $361,000 after acquiring an additional 95 shares during the period. Liberty One Investment Management LLC acquired a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the first quarter valued at approximately $1,211,000. Fifth Third Bancorp acquired a new stake in shares of SPDR S&P Kensho Final Frontiers ETF during the first quarter valued at approximately $90,000. Finally, Osaic Holdings Inc. lifted its position in shares of SPDR S&P Kensho Final Frontiers ETF by 42.4% in the 4th quarter. Osaic Holdings Inc. now owns 2,690 shares of the company’s stock valued at $229,000 after acquiring an additional 801 shares in the last quarter.

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.