SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,996 shares, an increase of 883.3% from the August 31st total of 203 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 3,567 shares, the days-to-cover ratio is currently 0.6 days.
SPDR Galaxy Transformative Tech Accelerators ETF Stock Performance
Shares of NASDAQ:TEKX opened at $67.51 on Friday. SPDR Galaxy Transformative Tech Accelerators ETF has a one year low of $38.32 and a one year high of $77.28. The stock has a market capitalization of $16.88 million, a price-to-earnings ratio of 26.41 and a beta of 3.10. The company has a 50-day simple moving average of $64.22 and a 200-day simple moving average of $59.75.
Institutional Inflows and Outflows
A hedge fund recently raised its position in SPDR Galaxy Transformative Tech Accelerators ETF stock. Citadel Advisors LLC lifted its stake in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Free Report) by 29.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,479 shares of the company’s stock after purchasing an additional 3,520 shares during the quarter. Citadel Advisors LLC owned about 6.19% of SPDR Galaxy Transformative Tech Accelerators ETF worth $1,086,000 at the end of the most recent quarter.
About SPDR Galaxy Transformative Tech Accelerators ETF
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.
Further Reading
- Five stocks we like better than SPDR Galaxy Transformative Tech Accelerators ETF
- Dave’s Success Has Investors Split
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
Receive News & Ratings for SPDR Galaxy Transformative Tech Accelerators ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Galaxy Transformative Tech Accelerators ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}