SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Shares Shorted: Short Interest Down 90.9% in October

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 45 shares, a decrease of 90.9% from the October 15th total of 494 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,345 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TEKX. Wedbush Securities Inc. purchased a new stake in shares of SPDR Galaxy Transformative Tech Accelerators ETF during the 2nd quarter worth approximately $2,170,000. Citadel Advisors LLC lifted its stake in SPDR Galaxy Transformative Tech Accelerators ETF by 29.4% in the second quarter. Citadel Advisors LLC now owns 15,479 shares of the company’s stock valued at $1,086,000 after purchasing an additional 3,520 shares during the last quarter. Finally, Welch Financial Planning LLC bought a new position in SPDR Galaxy Transformative Tech Accelerators ETF during the third quarter valued at $220,000.

SPDR Galaxy Transformative Tech Accelerators ETF Price Performance

Shares of SPDR Galaxy Transformative Tech Accelerators ETF stock opened at $45.31 on Wednesday. The firm has a market cap of $11.33 million, a PE ratio of 25.16 and a beta of 3.25. SPDR Galaxy Transformative Tech Accelerators ETF has a 1 year low of $38.32 and a 1 year high of $77.28. The stock has a fifty day moving average price of $57.78 and a 200-day moving average price of $56.56.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

(Get Free Report)

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

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