ARK Space Exploration & Innovation ETF (BATS:ARKX – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 153,259 shares, a drop of 52.3% from the August 31st total of 321,051 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily volume of 381,309 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ARKX. First PREMIER Bank bought a new stake in ARK Space Exploration & Innovation ETF in the second quarter valued at about $140,000. Allied Private Wealth LLC bought a new position in ARK Space Exploration & Innovation ETF during the second quarter worth about $94,000. Finally, Boreal Capital Management LLC acquired a new position in shares of ARK Space Exploration & Innovation ETF during the 1st quarter worth about $27,000.
ARK Space Exploration & Innovation ETF Trading Down 0.1%
Shares of BATS:ARKX traded down $0.04 during trading on Tuesday, hitting $32.03. 123,768 shares of the company’s stock were exchanged, compared to its average volume of 959,365. The firm has a market cap of $443.62 million, a P/E ratio of 28.18 and a beta of 1.25. The firm has a 50-day moving average price of $32.40 and a two-hundred day moving average price of $32.75. ARK Space Exploration & Innovation ETF has a 1-year low of $25.17 and a 1-year high of $37.89.
About ARK Space Exploration & Innovation ETF
The ARK Space Exploration & Innovation ETF (ARKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth. ARKX was launched on Mar 30, 2021 and is managed by ARK.
See Also
- Five stocks we like better than ARK Space Exploration & Innovation ETF
- Why SpaceX Investors Should Look Past Starship’s Fiery Splashdown
- Meta’s Muse Is Taking Aim at E-Commerce, But Amazon Isn’t Playing Along
- NVIDIA Just Strengthened the Case for Its Massive Stock Price Upside
- Apple, Meta, and SpaceX Are Driving a Device Boom—These 3 Stocks Could Benefit
Receive News & Ratings for ARK Space Exploration & Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Space Exploration & Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
