SPDR NYSE Technology ETF (NYSEARCA:XNTK) Short Interest Update

SPDR NYSE Technology ETF (NYSEARCA:XNTK) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 3,738 shares, a drop of 32.0% from the February 26th total of 5,497 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 39,609 shares, the short-interest ratio is currently 0.1 days.

SPDR NYSE Technology ETF Stock Down 1.9%

Shares of SPDR NYSE Technology ETF stock traded down $4.82 during trading hours on Monday, reaching $244.17. 38,607 shares of the stock traded hands, compared to its average volume of 34,473. SPDR NYSE Technology ETF has a one year low of $159.43 and a one year high of $295.79. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 31.16 and a beta of 1.31. The company has a 50 day moving average price of $270.13 and a 200 day moving average price of $275.44.

Institutional Trading of SPDR NYSE Technology ETF

Several large investors have recently added to or reduced their stakes in XNTK. IFC & Insurance Marketing Inc. bought a new stake in shares of SPDR NYSE Technology ETF during the 4th quarter valued at $25,000. Allspring Global Investments Holdings LLC bought a new position in SPDR NYSE Technology ETF in the 4th quarter worth $28,000. Qube Research & Technologies Ltd increased its stake in SPDR NYSE Technology ETF by 351.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 149 shares of the company’s stock worth $35,000 after buying an additional 116 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR NYSE Technology ETF by 101.3% in the third quarter. Farther Finance Advisors LLC now owns 161 shares of the company’s stock valued at $44,000 after acquiring an additional 81 shares in the last quarter. Finally, Realta Investment Advisors boosted its stake in shares of SPDR NYSE Technology ETF by 41.7% in the fourth quarter. Realta Investment Advisors now owns 170 shares of the company’s stock worth $47,000 after acquiring an additional 50 shares during the period.

SPDR NYSE Technology ETF Company Profile

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors.