SPDR S&P Retail ETF (NYSEARCA:XRT) Sees Large Increase in Short Interest

SPDR S&P Retail ETF (NYSEARCA:XRT) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 20,689,362 shares, a growth of 24.4% from the February 26th total of 16,632,704 shares. Currently, 342.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,118,446 shares, the short-interest ratio is currently 2.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of XRT. Jones Financial Companies Lllp increased its position in SPDR S&P Retail ETF by 1,891.6% in the first quarter. Jones Financial Companies Lllp now owns 14,479 shares of the exchange traded fund’s stock worth $1,000,000 after purchasing an additional 13,752 shares during the last quarter. Cetera Investment Advisers raised its stake in SPDR S&P Retail ETF by 8.4% during the second quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 272 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in SPDR S&P Retail ETF by 1.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 13,877 shares of the exchange traded fund’s stock valued at $1,069,000 after purchasing an additional 219 shares during the last quarter. XTX Topco Ltd bought a new position in SPDR S&P Retail ETF during the second quarter valued at $659,000. Finally, Scotia Capital Inc. purchased a new position in shares of SPDR S&P Retail ETF in the 2nd quarter worth $511,000.

SPDR S&P Retail ETF Price Performance

NYSEARCA XRT opened at $80.47 on Wednesday. The stock has a market capitalization of $486.84 million, a PE ratio of 14.70 and a beta of 1.24. The business has a 50 day simple moving average of $85.00 and a two-hundred day simple moving average of $85.13. SPDR S&P Retail ETF has a 1-year low of $61.33 and a 1-year high of $91.65.

SPDR S&P Retail ETF Company Profile