SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Short Interest Update

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 22,487 shares, an increase of 118.9% from the July 30th total of 10,272 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 18,435 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Client First Investment Management LLC bought a new stake in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth approximately $1,084,000. Liberty One Investment Management LLC acquired a new stake in SPDR S&P Kensho Final Frontiers ETF in the first quarter valued at $1,211,000. Virtus Family Office LLC bought a new position in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth $324,000. Wealthfront Advisers LLC bought a new position in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth $221,000. Finally, D.A. Davidson & CO. acquired a new position in SPDR S&P Kensho Final Frontiers ETF during the 4th quarter worth about $200,000.

SPDR S&P Kensho Final Frontiers ETF Price Performance

Shares of NYSEARCA:ROKT opened at $110.77 on Monday. The company has a market cap of $229.29 million, a price-to-earnings ratio of 26.20 and a beta of 1.11. The firm has a 50 day simple moving average of $114.32 and a 200 day simple moving average of $112.23. SPDR S&P Kensho Final Frontiers ETF has a one year low of $69.97 and a one year high of $137.63.

About SPDR S&P Kensho Final Frontiers ETF

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.