Short Interest in The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) Decreases By 37.2%

The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 12,555 shares, a decrease of 37.2% from the June 30th total of 20,007 shares. Based on an average daily trading volume, of 10,133 shares, the short-interest ratio is currently 1.2 days. Approximately 5.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in The Consumer Staples Select Sector SPDR Premium Income Fund stock. WealthShield Partners LLC acquired a new stake in The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,280 shares of the ETF’s stock, valued at approximately $30,000. WealthShield Partners LLC owned about 1.16% of The Consumer Staples Select Sector SPDR Premium Income Fund at the end of the most recent quarter.

The Consumer Staples Select Sector SPDR Premium Income Fund Stock Performance

XLSI traded down $0.17 during midday trading on Thursday, hitting $23.61. 13,339 shares of the company’s stock traded hands, compared to its average volume of 7,257. The company’s fifty day moving average price is $23.44. The Consumer Staples Select Sector SPDR Premium Income Fund has a one year low of $22.70 and a one year high of $25.74.

State Street Consumer Staples Select Sector SPDR Premium Income ETF is an exchange-traded fund managed by State Street Global Advisors that offers investors targeted exposure to the consumer staples sector with an emphasis on income generation.

As a sector-focused SPDR product, XLSI is designed to provide access to companies engaged in the production, distribution and retailing of essential consumer goods such as food and beverages, household products, personal care items and related services.

The fund holds a portfolio of consumer staples equities and is structured to combine sector exposure with an options-based income component.