SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 519,017 shares, an increase of 202.0% from the May 14th total of 171,844 shares. Based on an average daily trading volume, of 381,890 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.0% of the company’s shares are short sold.
SP Funds Dow Jones Global Sukuk ETF Stock Up 0.1%
NYSEARCA:SPSK opened at $18.04 on Friday. The stock’s fifty day moving average price is $18.03 and its two-hundred day moving average price is $18.19. SP Funds Dow Jones Global Sukuk ETF has a 52-week low of $17.76 and a 52-week high of $18.71.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in SPSK. Farther Finance Advisors LLC lifted its stake in shares of SP Funds Dow Jones Global Sukuk ETF by 10.0% in the 4th quarter. Farther Finance Advisors LLC now owns 42,110 shares of the company’s stock valued at $769,000 after purchasing an additional 3,842 shares during the period. Strategic Blueprint LLC lifted its stake in shares of SP Funds Dow Jones Global Sukuk ETF by 5.2% in the 4th quarter. Strategic Blueprint LLC now owns 12,264 shares of the company’s stock valued at $224,000 after purchasing an additional 601 shares during the period. Finally, DGS Capital Management LLC lifted its stake in shares of SP Funds Dow Jones Global Sukuk ETF by 3.0% in the 1st quarter. DGS Capital Management LLC now owns 27,505 shares of the company’s stock valued at $492,000 after purchasing an additional 789 shares during the period.
SP Funds Dow Jones Global Sukuk ETF Company Profile
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.
Featured Articles
- Five stocks we like better than SP Funds Dow Jones Global Sukuk ETF
- Cooking Up Profits: Cracker Barrel’s Turnaround
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
Receive News & Ratings for SP Funds Dow Jones Global Sukuk ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SP Funds Dow Jones Global Sukuk ETF and related companies with MarketBeat.com's FREE daily email newsletter.
