SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL – Get Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 520 shares, a drop of 74.9% from the July 30th total of 2,068 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,593 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in SPDR S&P Kensho Smart Mobility ETF stock. Raymond James Financial Inc. purchased a new stake in SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 811 shares of the company’s stock, valued at approximately $25,000. Raymond James Financial Inc. owned 0.12% of SPDR S&P Kensho Smart Mobility ETF at the end of the most recent reporting period.
SPDR S&P Kensho Smart Mobility ETF Stock Down 1.6%
Shares of SPDR S&P Kensho Smart Mobility ETF stock traded down $0.58 during trading on Friday, reaching $36.09. 1,364 shares of the company were exchanged, compared to its average volume of 2,746. The business has a 50-day moving average price of $37.50 and a 200-day moving average price of $37.05. The firm has a market capitalization of $18.77 million, a price-to-earnings ratio of 13.73 and a beta of 1.53. SPDR S&P Kensho Smart Mobility ETF has a twelve month low of $30.60 and a twelve month high of $44.80.
About SPDR S&P Kensho Smart Mobility ETF
The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an exchange-traded fund that is based on the S&P Kensho Smart Transportation index. The fund tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems. HAIL was launched on Dec 26, 2017 and is managed by State Street.
Further Reading
- Five stocks we like better than SPDR S&P Kensho Smart Mobility ETF
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for SPDR S&P Kensho Smart Mobility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Kensho Smart Mobility ETF and related companies with MarketBeat.com's FREE daily email newsletter.
