SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,041 shares, a growth of 558.9% from the July 15th total of 158 shares. Based on an average daily volume of 4,039 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are sold short.
SPDR Galaxy Transformative Tech Accelerators ETF Stock Performance
TEKX traded down $1.27 during trading on Thursday, reaching $63.95. The company had a trading volume of 2,896 shares, compared to its average volume of 3,799. The firm’s 50-day simple moving average is $66.87 and its 200 day simple moving average is $55.59. The company has a market cap of $15.99 million, a price-to-earnings ratio of 26.41 and a beta of 3.16. SPDR Galaxy Transformative Tech Accelerators ETF has a 12-month low of $31.92 and a 12-month high of $77.28.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC purchased a new stake in SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned approximately 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent filing with the Securities and Exchange Commission.
SPDR Galaxy Transformative Tech Accelerators ETF Company Profile
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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