SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Short Interest Up 110.7% in September

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 124,500 shares, an increase of 110.7% from the August 31st total of 59,100 shares. Based on an average daily trading volume, of 376,700 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 376,700 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On SP Funds S&P 500 Sharia Industry Exclusions ETF

Institutional investors have recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF during the second quarter worth $1,674,000. Jaffetilchin Investment Partners LLC increased its holdings in SP Funds S&P 500 Sharia Industry Exclusions ETF by 69.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 12,682 shares of the company’s stock worth $563,000 after buying an additional 5,212 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF during the second quarter worth $207,000.

SP Funds S&P 500 Sharia Industry Exclusions ETF Trading Up 0.0%

Shares of SPUS opened at $49.88 on Monday. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 30.44 and a beta of 0.99. SP Funds S&P 500 Sharia Industry Exclusions ETF has a 1-year low of $33.32 and a 1-year high of $50.14. The company’s fifty day simple moving average is $47.48 and its 200 day simple moving average is $43.40.

SP Funds S&P 500 Sharia Industry Exclusions ETF Company Profile