SPDR S&P Retail ETF (NYSEARCA:XRT) Short Interest Down 15.5% in February

SPDR S&P Retail ETF (NYSEARCA:XRT) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 16,114,352 shares, a drop of 15.5% from the January 29th total of 19,073,176 shares. Based on an average daily volume of 5,571,140 shares, the short-interest ratio is presently 2.9 days. Approximately 266.4% of the company’s shares are sold short. Approximately 266.4% of the company’s shares are sold short. Based on an average daily volume of 5,571,140 shares, the short-interest ratio is presently 2.9 days.

Hedge Funds Weigh In On SPDR S&P Retail ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NBC Securities Inc. grew its holdings in SPDR S&P Retail ETF by 15.3% in the fourth quarter. NBC Securities Inc. now owns 1,245 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 165 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of SPDR S&P Retail ETF by 1.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 13,877 shares of the exchange traded fund’s stock worth $1,069,000 after purchasing an additional 219 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of SPDR S&P Retail ETF by 8.4% in the 2nd quarter. Cetera Investment Advisers now owns 3,497 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 272 shares during the last quarter. First Horizon Corp bought a new position in SPDR S&P Retail ETF during the 3rd quarter valued at approximately $26,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR S&P Retail ETF during the 4th quarter valued at approximately $29,000.

SPDR S&P Retail ETF Price Performance

XRT traded up $0.12 on Wednesday, hitting $85.77. The company had a trading volume of 219,999 shares, compared to its average volume of 5,364,719. The firm has a market capitalization of $518.91 million, a P/E ratio of 14.70 and a beta of 1.24. The stock has a fifty day simple moving average of $87.99 and a 200-day simple moving average of $85.78. SPDR S&P Retail ETF has a 52-week low of $61.33 and a 52-week high of $91.65.

About SPDR S&P Retail ETF