SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX) Shares Shorted: Short Interest Down 90.9% in October

by · The Markets Daily

SPDR Galaxy Transformative Tech Accelerators ETF (NASDAQ:TEKX – Get Free Report) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 45 shares, a drop of 90.9% from the October 15th total of 494 shares. Based on an average trading volume of 2,345 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

SPDR Galaxy Transformative Tech Accelerators ETF Stock Down 1.0%

NASDAQ TEKX opened at $45.31 on Wednesday. The company has a market cap of $11.33 million, a PE ratio of 25.16 and a beta of 3.25. SPDR Galaxy Transformative Tech Accelerators ETF has a 52 week low of $38.32 and a 52 week high of $77.28. The firm’s 50-day simple moving average is $57.78 and its two-hundred day simple moving average is $56.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Welch Financial Planning LLC purchased a new position in SPDR Galaxy Transformative Tech Accelerators ETF in the 3rd quarter valued at approximately $220,000. Citadel Advisors LLC boosted its holdings in shares of SPDR Galaxy Transformative Tech Accelerators ETF by 29.4% in the second quarter. Citadel Advisors LLC now owns 15,479 shares of the company’s stock worth $1,086,000 after acquiring an additional 3,520 shares during the period. Finally, Wedbush Securities Inc. bought a new position in shares of SPDR Galaxy Transformative Tech Accelerators ETF in the second quarter worth $2,170,000.

About SPDR Galaxy Transformative Tech Accelerators ETF

(Get Free Report)

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.

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