SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stock Short Interest Rises 169.3%

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Get Free Report) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 29,471 shares, an increase of 169.3% from the October 15th total of 10,944 shares. Based on an average daily volume of 66,678 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 6.9% in the second quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock valued at $19,941,000 after acquiring an additional 19,798 shares during the period. Lockerman Financial Group Inc. increased its position in SPDR SSGA US Sector Rotation ETF by 17.8% during the third quarter. Lockerman Financial Group Inc. now owns 51,961 shares of the company’s stock worth $3,451,000 after acquiring an additional 7,868 shares during the period. SMART Wealth LLC bought a new position in SPDR SSGA US Sector Rotation ETF during the second quarter worth $7,094,000. DWM Financial Group Inc. bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the third quarter valued at about $1,360,000. Finally, Spinnaker Investment Group LLC bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the second quarter valued at about $886,000.

SPDR SSGA US Sector Rotation ETF Trading Down 0.4%

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $65.40 on Friday. The firm has a fifty day simple moving average of $66.26 and a 200-day simple moving average of $63.95. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 23.78 and a beta of 0.97. SPDR SSGA US Sector Rotation ETF has a 1-year low of $55.71 and a 1-year high of $67.86.

About SPDR SSGA US Sector Rotation ETF

(Get Free Report)

The SPDR SSGA U.S. Sector Rotation ETF (XLSR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of companies classified within favorable sectors of the S&P 500. XLSR was launched on Apr 2, 2019 and is managed by State Street.

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