SPDR S&P Oil & Gas Explore & Prod. (NYSE:XOP) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 67,269,143 shares, a growth of 10.3% from the July 31st total of 60,970,930 shares. Based on an average daily volume of 16,371,753 shares, the days-to-cover ratio is currently 4.1 days.

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC raised its position in SPDR S&P Oil & Gas Explore & Prod. by 1,013.7% in the second quarter. SG Americas Securities LLC now owns 1,100,208 shares of the exchange traded fund’s stock worth $35,119,000 after buying an additional 1,001,420 shares during the last quarter. Denver Investment Advisors LLC purchased a new position in SPDR S&P Oil & Gas Explore & Prod. during the second quarter worth $12,162,000. Commerzbank Aktiengesellschaft FI raised its position in SPDR S&P Oil & Gas Explore & Prod. by 88.1% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 659,378 shares of the exchange traded fund’s stock worth $21,047,000 after buying an additional 308,920 shares during the last quarter. BlueCrest Capital Management Ltd raised its position in SPDR S&P Oil & Gas Explore & Prod. by 577.6% in the second quarter. BlueCrest Capital Management Ltd now owns 338,816 shares of the exchange traded fund’s stock worth $10,815,000 after buying an additional 288,811 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its position in SPDR S&P Oil & Gas Explore & Prod. by 17.7% in the second quarter. Rafferty Asset Management LLC now owns 1,437,878 shares of the exchange traded fund’s stock worth $45,897,000 after buying an additional 216,351 shares during the last quarter.

Shares of SPDR S&P Oil & Gas Explore & Prod. (XOP) opened at 30.16 on Friday. SPDR S&P Oil & Gas Explore & Prod. has a 1-year low of $28.96 and a 1-year high of $44.97. The firm has a 50 day moving average price of $30.88 and a 200 day moving average price of $33.98.

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About SPDR S&P Oil & Gas Explore & Prod.

SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index.

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