Short Interest in SPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS) Expands By 78.9%
by Tristan Rich · The Markets DailySPDR S&P Kensho Intelligent Structures ETF (NYSEARCA:SIMS – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 238 shares, a growth of 78.9% from the August 15th total of 133 shares. Based on an average trading volume of 319 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are sold short.
SPDR S&P Kensho Intelligent Structures ETF Trading Down 0.2%
NYSEARCA SIMS traded down $0.09 on Wednesday, hitting $42.66. 224 shares of the company traded hands, compared to its average volume of 649. The company has a market capitalization of $42.62 million, a price-to-earnings ratio of 21.58 and a beta of 1.31. The business’s 50 day moving average price is $44.48 and its 200-day moving average price is $44.78. SPDR S&P Kensho Intelligent Structures ETF has a 52-week low of $40.00 and a 52-week high of $48.58.
About SPDR S&P Kensho Intelligent Structures ETF
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.
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