Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 2,974,847 shares, a growth of 73.6% from the October 15th total of 1,714,076 shares. Based on an average daily volume of 5,006,492 shares, the short-interest ratio is currently 0.6 days.

Several hedge funds have recently made changes to their positions in XLRE. Bank of America Corp DE grew its stake in Real Estate Select Sector SPDR Fund by 1.5% during the second quarter. Bank of America Corp DE now owns 32,993,026 shares of the company’s stock valued at $1,079,202,000 after acquiring an additional 488,186 shares in the last quarter. BlackRock Inc. grew its stake in Real Estate Select Sector SPDR Fund by 41.8% during the third quarter. BlackRock Inc. now owns 3,830,704 shares of the company’s stock valued at $124,919,000 after acquiring an additional 1,129,731 shares in the last quarter. British Airways Pensions Investment Management Ltd grew its stake in Real Estate Select Sector SPDR Fund by 0.8% during the second quarter. British Airways Pensions Investment Management Ltd now owns 1,916,195 shares of the company’s stock valued at $62,679,000 after acquiring an additional 15,672 shares in the last quarter. Mizuho Bank Ltd. purchased a new position in Real Estate Select Sector SPDR Fund during the third quarter valued at $26,088,000. Finally, BNP Paribas Arbitrage SA grew its stake in Real Estate Select Sector SPDR Fund by 25.8% during the second quarter. BNP Paribas Arbitrage SA now owns 733,658 shares of the company’s stock valued at $23,998,000 after acquiring an additional 150,327 shares in the last quarter.

Shares of XLRE stock opened at $32.99 on Friday. Real Estate Select Sector SPDR Fund has a one year low of $29.17 and a one year high of $34.13.

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