SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Short Interest Up 960.1% in January

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 25,643 shares, an increase of 960.1% from the December 31st total of 2,419 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 64,258 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 64,258 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

SPDR SSGA US Sector Rotation ETF Trading Up 0.1%

SPDR SSGA US Sector Rotation ETF stock traded up $0.09 on Wednesday, hitting $62.83. 41,155 shares of the stock traded hands, compared to its average volume of 51,946. SPDR SSGA US Sector Rotation ETF has a 1 year low of $43.22 and a 1 year high of $63.13. The firm has a market cap of $911.66 million, a P/E ratio of 22.41 and a beta of 0.97. The business’s fifty day simple moving average is $62.28 and its 200 day simple moving average is $59.88.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Hibernia Wealth Partners LLC grew its position in SPDR SSGA US Sector Rotation ETF by 98.9% in the 2nd quarter. Hibernia Wealth Partners LLC now owns 420,646 shares of the company’s stock worth $23,102,000 after purchasing an additional 209,154 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 12.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,840,266 shares of the company’s stock worth $109,698,000 after buying an additional 200,621 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 9.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,907,224 shares of the company’s stock worth $104,745,000 after acquiring an additional 159,209 shares during the period. Austin Private Wealth LLC increased its position in SPDR SSGA US Sector Rotation ETF by 70.6% during the second quarter. Austin Private Wealth LLC now owns 304,084 shares of the company’s stock valued at $16,700,000 after acquiring an additional 125,819 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR SSGA US Sector Rotation ETF by 2,012.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,252 shares of the company’s stock valued at $2,101,000 after acquiring an additional 33,583 shares during the period.

SPDR SSGA US Sector Rotation ETF Company Profile

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.