SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) Shares Shorted: Short Interest Down 85.5% in September

SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 18,593 shares, a decrease of 85.5% from the August 31st total of 128,651 shares. Based on an average daily trading volume, of 225,651 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On SP Funds Dow Jones Global Sukuk ETF

An institutional investor recently raised its position in SP Funds Dow Jones Global Sukuk ETF stock. DGS Capital Management LLC increased its position in SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Free Report) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,505 shares of the company’s stock after buying an additional 789 shares during the quarter. DGS Capital Management LLC owned about 0.11% of SP Funds Dow Jones Global Sukuk ETF worth $492,000 at the end of the most recent reporting period.

SP Funds Dow Jones Global Sukuk ETF Price Performance

Shares of NYSEARCA SPSK traded down $0.01 during trading on Friday, reaching $17.50. The stock had a trading volume of 103,251 shares, compared to its average volume of 344,298. SP Funds Dow Jones Global Sukuk ETF has a one year low of $17.47 and a one year high of $18.71. The firm’s 50 day moving average price is $17.83 and its two-hundred day moving average price is $17.94.

SP Funds Dow Jones Global Sukuk ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were given a $0.0520 dividend. The ex-dividend date was Monday, July 27th. This represents a $0.62 annualized dividend and a yield of 3.6%.

SP Funds Dow Jones Global Sukuk ETF Company Profile

(Get Free Report)

The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.

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