Short Interest in SPDR S&P Transportation ETF (NYSEARCA:XTN) Decreases By 17.6%

SPDR S&P Transportation ETF (NYSEARCA:XTN) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 23,138 shares, a decrease of 17.6% from the December 15th total of 28,091 shares. Based on an average trading volume of 10,984 shares, the short-interest ratio is currently 2.1 days. Currently, 1.0% of the company’s shares are sold short. Currently, 1.0% of the company’s shares are sold short. Based on an average trading volume of 10,984 shares, the short-interest ratio is currently 2.1 days.

SPDR S&P Transportation ETF Stock Performance

NYSEARCA:XTN opened at $98.38 on Monday. The firm’s fifty day moving average is $90.70 and its 200-day moving average is $86.84. SPDR S&P Transportation ETF has a 52 week low of $61.95 and a 52 week high of $99.12. The firm has a market cap of $250.87 million, a P/E ratio of 16.16 and a beta of 1.41.

Institutional Trading of SPDR S&P Transportation ETF

Large investors have recently bought and sold shares of the business. Brookstone Capital Management acquired a new position in shares of SPDR S&P Transportation ETF in the 4th quarter valued at about $1,678,000. JPMorgan Chase & Co. lifted its stake in SPDR S&P Transportation ETF by 41.5% in the third quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock valued at $53,000 after buying an additional 186 shares during the period. Susquehanna International Group LLP grew its position in shares of SPDR S&P Transportation ETF by 306.7% during the 3rd quarter. Susquehanna International Group LLP now owns 25,933 shares of the company’s stock worth $2,174,000 after buying an additional 19,556 shares during the period. Raymond James Financial Inc. increased its stake in shares of SPDR S&P Transportation ETF by 90.3% in the 3rd quarter. Raymond James Financial Inc. now owns 26,295 shares of the company’s stock valued at $2,205,000 after acquiring an additional 12,475 shares in the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of SPDR S&P Transportation ETF in the 3rd quarter valued at $906,000.

About SPDR S&P Transportation ETF

The SPDR S&P Transportation ETF (XTN) is an exchange-traded fund that is based on the S&P Transportation Select Industry index. The fund tracks a broad-based, equal-weighted index of US stocks in the transportation industry. XTN was launched on Jan 26, 2011 and is managed by State Street.