SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Short Interest Update

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,333 shares, an increase of 115.7% from the January 15th total of 2,472 shares. Based on an average daily trading volume, of 4,320 shares, the days-to-cover ratio is currently 1.2 days. Currently, 6.7% of the shares of the company are sold short. Currently, 6.7% of the shares of the company are sold short. Based on an average daily trading volume, of 4,320 shares, the days-to-cover ratio is currently 1.2 days.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Down 1.9%

Shares of NASDAQ TEKX opened at $44.28 on Friday. The firm’s 50-day moving average price is $43.02 and its two-hundred day moving average price is $40.24. SPDR Galaxy Transformative Tech Accelerators ETF has a 52-week low of $19.02 and a 52-week high of $46.72. The stock has a market capitalization of $3.54 million, a P/E ratio of 26.41 and a beta of 2.97.

SPDR Galaxy Transformative Tech Accelerators ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were given a dividend of $0.1411 per share. The ex-dividend date was Monday, December 29th. This represents a yield of 35.0%.

Institutional Investors Weigh In On SPDR Galaxy Transformative Tech Accelerators ETF

A hedge fund recently bought a new stake in SPDR Galaxy Transformative Tech Accelerators ETF stock. Jane Street Group LLC purchased a new position in shares of SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,426 shares of the company’s stock, valued at approximately $249,000. Jane Street Group LLC owned about 19.04% of SPDR Galaxy Transformative Tech Accelerators ETF as of its most recent filing with the Securities & Exchange Commission.

SPDR Galaxy Transformative Tech Accelerators ETF Company Profile

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.