The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI – Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 23,529 shares, a growth of 141.2% from the April 30th total of 9,755 shares. Currently, 19.6% of the shares of the company are short sold. Based on an average daily trading volume, of 14,839 shares, the days-to-cover ratio is presently 1.6 days.
Hedge Funds Weigh In On The Consumer Staples Select Sector SPDR Premium Income Fund
An institutional investor recently bought a new position in The Consumer Staples Select Sector SPDR Premium Income Fund stock. WealthShield Partners LLC bought a new position in shares of The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 1,280 shares of the ETF’s stock, valued at approximately $30,000. WealthShield Partners LLC owned approximately 1.16% of The Consumer Staples Select Sector SPDR Premium Income Fund as of its most recent filing with the SEC.
The Consumer Staples Select Sector SPDR Premium Income Fund Price Performance
XLSI traded down $0.45 during trading on Monday, hitting $22.80. The stock had a trading volume of 9,805 shares, compared to its average volume of 6,065. The Consumer Staples Select Sector SPDR Premium Income Fund has a twelve month low of $22.75 and a twelve month 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.
Further Reading
- Five stocks we like better than The Consumer Staples Select Sector SPDR Premium Income Fund
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Receive News & Ratings for The Consumer Staples Select Sector SPDR Premium Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Consumer Staples Select Sector SPDR Premium Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
