SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Short Interest Update

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 157,784 shares, an increase of 51.8% from the July 30th total of 103,933 shares. Currently, 2.8% of the shares of the stock are sold short. Based on an average trading volume of 96,095 shares, the short-interest ratio is currently 1.6 days.

SPDR S&P Semiconductor ETF Trading Down 3.1%

Shares of XSD stock traded down $15.00 during trading hours on Tuesday, hitting $470.14. The company’s stock had a trading volume of 61,297 shares, compared to its average volume of 85,461. The business has a fifty day moving average of $528.62 and a 200-day moving average of $477.85. SPDR S&P Semiconductor ETF has a twelve month low of $276.00 and a twelve month high of $658.14. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter worth about $26,000. CIBC Private Wealth Group LLC purchased a new stake in SPDR S&P Semiconductor ETF in the 3rd quarter worth approximately $32,000. Glenmede Trust Co. NA purchased a new stake in SPDR S&P Semiconductor ETF in the 1st quarter worth approximately $33,000. Strategic Advocates LLC raised its holdings in SPDR S&P Semiconductor ETF by 71.0% in the 4th quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock valued at $34,000 after acquiring an additional 44 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in SPDR S&P Semiconductor ETF by 120.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock valued at $35,000 after acquiring an additional 60 shares during the last quarter.

SPDR S&P Semiconductor ETF Company Profile

SPDR S&P Semiconductor ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.