Short Interest in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Drops By 94.7%

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKXGet Free Report) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 158 shares, a decrease of 94.7% from the June 30th total of 2,988 shares. Based on an average daily trading volume, of 4,271 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

SPDR Galaxy Transformative Tech Accelerators ETF Price Performance

TEKX stock traded down $2.73 during midday trading on Friday, hitting $65.76. 3,322 shares of the stock traded hands, compared to its average volume of 3,754. SPDR Galaxy Transformative Tech Accelerators ETF has a 1-year low of $31.30 and a 1-year high of $77.28. The stock’s fifty day simple moving average is $67.15 and its 200-day simple moving average is $53.71. The firm has a market cap of $16.44 million, a P/E ratio of 26.41 and a beta of 3.11.

Institutional Investors Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC bought a new stake in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKXFree Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent SEC filing.

About SPDR Galaxy Transformative Tech Accelerators ETF

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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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