SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Short Interest Down 24.5% in January

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 94,607 shares, a decline of 24.5% from the January 15th total of 125,326 shares. Based on an average daily trading volume, of 32,615 shares, the short-interest ratio is currently 2.9 days. Currently, 1.9% of the shares of the stock are sold short. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,615 shares, the short-interest ratio is currently 2.9 days.

SPDR S&P Semiconductor ETF Stock Up 0.9%

Shares of NYSEARCA XSD traded up $3.14 during midday trading on Monday, hitting $362.54. The stock had a trading volume of 70,277 shares, compared to its average volume of 40,252. The company has a market capitalization of $1.79 billion, a PE ratio of 33.47 and a beta of 1.60. The stock has a 50 day simple moving average of $343.93 and a 200-day simple moving average of $322.75. SPDR S&P Semiconductor ETF has a 1 year low of $156.77 and a 1 year high of $373.89.

Institutional Investors Weigh In On SPDR S&P Semiconductor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in XSD. BNP Paribas Financial Markets raised its position in shares of SPDR S&P Semiconductor ETF by 47.8% in the second quarter. BNP Paribas Financial Markets now owns 75,597 shares of the company’s stock valued at $19,391,000 after buying an additional 24,465 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in SPDR S&P Semiconductor ETF by 334.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 24,717 shares of the company’s stock valued at $7,949,000 after acquiring an additional 19,033 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR S&P Semiconductor ETF by 70.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 34,533 shares of the company’s stock valued at $8,858,000 after acquiring an additional 14,226 shares during the last quarter. Constant Guidance Financial LLC purchased a new position in SPDR S&P Semiconductor ETF in the 3rd quarter worth approximately $4,192,000. Finally, Vicus Capital boosted its holdings in shares of SPDR S&P Semiconductor ETF by 1,254.2% during the 3rd quarter. Vicus Capital now owns 12,147 shares of the company’s stock worth $3,876,000 after purchasing an additional 11,250 shares during the last quarter.

About SPDR S&P Semiconductor ETF

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.