SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Short Interest Down 94.7% in July

by · The Markets Daily

SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 2,068 shares, a decline of 94.7% from the July 15th total of 39,312 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 750 shares, the short-interest ratio is presently 2.8 days.

Hedge Funds Weigh In On SPDR S&P Kensho Smart Mobility ETF

An institutional investor recently bought a new stake in SPDR S&P Kensho Smart Mobility ETF stock. U.S. Capital Wealth Advisors LLC bought a new position in SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 15,510 shares of the company’s stock, valued at approximately $516,000. U.S. Capital Wealth Advisors LLC owned about 2.63% of SPDR S&P Kensho Smart Mobility ETF as of its most recent SEC filing.

SPDR S&P Kensho Smart Mobility ETF Stock Performance

Shares of HAIL stock traded up $0.23 during trading hours on Tuesday, reaching $38.29. The company had a trading volume of 1,706 shares, compared to its average volume of 2,907. The stock has a fifty day moving average of $38.37 and a 200-day moving average of $36.90. The company has a market capitalization of $19.91 million, a price-to-earnings ratio of 13.73 and a beta of 1.53. SPDR S&P Kensho Smart Mobility ETF has a 12-month low of $30.60 and a 12-month high of $44.80.

SPDR S&P Kensho Smart Mobility ETF Company Profile

(Get Free Report)

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.

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