SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Significant Increase in Short Interest

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,236 shares, a growth of 1,293.4% from the April 15th total of 304 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 13,751 shares, the short-interest ratio is currently 0.3 days.

SPDR S&P Capital Markets ETF Price Performance

Shares of KCE traded down $0.18 during trading hours on Monday, hitting $153.43. 45,515 shares of the stock were exchanged, compared to its average volume of 22,587. SPDR S&P Capital Markets ETF has a fifty-two week low of $132.30 and a fifty-two week high of $162.25. The business has a 50-day moving average of $143.76 and a 200-day moving average of $147.82. The firm has a market capitalization of $464.89 million, a P/E ratio of 21.50 and a beta of 1.24.

Institutional Trading of SPDR S&P Capital Markets ETF

A number of institutional investors have recently bought and sold shares of KCE. Qube Research & Technologies Ltd boosted its position in SPDR S&P Capital Markets ETF by 226.2% during the second quarter. Qube Research & Technologies Ltd now owns 349 shares of the company’s stock valued at $51,000 after acquiring an additional 242 shares during the last quarter. Montag A & Associates Inc. bought a new stake in SPDR S&P Capital Markets ETF during the third quarter valued at $113,000. Wells Fargo & Company MN bought a new stake in SPDR S&P Capital Markets ETF during the fourth quarter valued at $117,000. Advisory Services Network LLC bought a new stake in SPDR S&P Capital Markets ETF during the third quarter valued at $129,000. Finally, Barometer Capital Management Inc. boosted its position in SPDR S&P Capital Markets ETF by 11.1% during the third quarter. Barometer Capital Management Inc. now owns 1,000 shares of the company’s stock valued at $153,000 after acquiring an additional 100 shares during the last quarter.

About SPDR S&P Capital Markets ETF

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).