SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 123,739 shares, an increase of 56.4% from the July 30th total of 79,106 shares. Based on an average trading volume of 213,896 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.
Institutional Trading of SP Funds Dow Jones Global Sukuk ETF
An institutional investor recently raised its stake in SP Funds Dow Jones Global Sukuk ETF stock. DGS Capital Management LLC increased its stake in SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Free Report) by 3.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,505 shares of the company’s stock after buying an additional 789 shares during the period. DGS Capital Management LLC owned 0.11% of SP Funds Dow Jones Global Sukuk ETF worth $492,000 as of its most recent SEC filing.
SP Funds Dow Jones Global Sukuk ETF Stock Down 0.2%
Shares of SP Funds Dow Jones Global Sukuk ETF stock opened at $17.85 on Wednesday. The stock’s fifty day moving average is $17.92 and its two-hundred day moving average is $18.01. SP Funds Dow Jones Global Sukuk ETF has a 52 week low of $17.76 and a 52 week high of $18.71.
About SP Funds Dow Jones Global Sukuk ETF
The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.
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