SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) Shares Shorted: Short Interest Down 85.5% in September

by · The Markets Daily

SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 18,593 shares, a drop of 85.5% from the August 31st total of 128,651 shares. Based on an average daily volume of 225,651 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On SP Funds Dow Jones Global Sukuk ETF

An institutional investor recently raised its stake in SP Funds Dow Jones Global Sukuk ETF stock. DGS Capital Management LLC lifted its stake in SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK – Free Report) by 3.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,505 shares of the company’s stock after purchasing an additional 789 shares during the quarter. DGS Capital Management LLC owned 0.11% of SP Funds Dow Jones Global Sukuk ETF worth $492,000 as of its most recent filing with the Securities & Exchange Commission.

SP Funds Dow Jones Global Sukuk ETF Stock Down 0.0%

SPSK stock traded down $0.01 on Friday, hitting $17.50. 103,251 shares of the company’s stock traded hands, compared to its average volume of 344,298. SP Funds Dow Jones Global Sukuk ETF has a 1-year low of $17.47 and a 1-year high of $18.71. The stock has a fifty day moving average of $17.83 and a 200-day moving average of $17.94.

SP Funds Dow Jones Global Sukuk ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 28th. Stockholders of record on Monday, July 27th were paid a dividend of $0.0520 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.62 annualized dividend and a dividend yield of 3.6%.

SP Funds Dow Jones Global Sukuk ETF Company Profile

(Get Free Report)

The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.

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