SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Short Interest Down 50.5% in March

SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 381 shares, a drop of 50.5% from the March 15th total of 769 shares. Based on an average daily volume of 618 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On SPDR S&P Kensho Intelligent Structures ETF

An institutional investor recently bought a new position in SPDR S&P Kensho Intelligent Structures ETF stock. Susquehanna International Group LLP purchased a new position in shares of SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,169 shares of the company’s stock, valued at approximately $219,000. Susquehanna International Group LLP owned about 2.58% of SPDR S&P Kensho Intelligent Structures ETF at the end of the most recent quarter.

SPDR S&P Kensho Intelligent Structures ETF Stock Performance

NYSEARCA SIMS opened at $43.77 on Friday. The company has a market cap of $8.32 million, a PE ratio of 21.58 and a beta of 1.33. SPDR S&P Kensho Intelligent Structures ETF has a 52-week low of $27.64 and a 52-week high of $48.58. The firm’s 50 day moving average price is $43.74 and its 200-day moving average price is $43.95.

SPDR S&P Kensho Intelligent Structures ETF Company Profile

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US-listed companies that focuses on innovative infrastructure. SIMS was launched on Dec 26, 2017 and is managed by State Street.