SPDR S&P Retail ETF (NYSEARCA:XRT) Short Interest Down 15.5% in February

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 16,114,352 shares, a drop of 15.5% from the January 29th total of 19,073,176 shares. Based on an average trading volume of 5,571,140 shares, the days-to-cover ratio is currently 2.9 days. Approximately 266.4% of the company’s stock are short sold. Approximately 266.4% of the company’s stock are short sold. Based on an average trading volume of 5,571,140 shares, the days-to-cover ratio is currently 2.9 days.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its holdings in shares of SPDR S&P Retail ETF by 1,891.6% during the first quarter. Jones Financial Companies Lllp now owns 14,479 shares of the exchange traded fund’s stock valued at $1,000,000 after purchasing an additional 13,752 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in SPDR S&P Retail ETF in the 2nd quarter worth about $219,000. Cetera Investment Advisers lifted its stake in SPDR S&P Retail ETF by 8.4% during the 2nd quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 272 shares during the period. Jefferies Financial Group Inc. lifted its stake in SPDR S&P Retail ETF by 191.2% during the 2nd quarter. Jefferies Financial Group Inc. now owns 250,000 shares of the exchange traded fund’s stock valued at $19,265,000 after acquiring an additional 524,100 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of SPDR S&P Retail ETF by 1.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 13,877 shares of the exchange traded fund’s stock valued at $1,069,000 after acquiring an additional 219 shares during the last quarter.

SPDR S&P Retail ETF Trading Up 0.1%

NYSEARCA:XRT traded up $0.12 on Wednesday, reaching $85.77. 219,999 shares of the stock traded hands, compared to its average volume of 5,364,719. The company has a market capitalization of $518.91 million, a price-to-earnings ratio of 14.70 and a beta of 1.24. SPDR S&P Retail ETF has a 12 month low of $61.33 and a 12 month high of $91.65. The company’s fifty day simple moving average is $87.99 and its 200 day simple moving average is $85.78.

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