SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Short Interest Update

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 157,784 shares, a growth of 51.8% from the July 30th total of 103,933 shares. Based on an average trading volume of 96,095 shares, the short-interest ratio is currently 1.6 days. Approximately 2.8% of the company’s stock are short sold.

SPDR S&P Semiconductor ETF Trading Down 3.1%

XSD stock traded down $15.00 during trading on Tuesday, hitting $470.14. 61,297 shares of the company’s stock were exchanged, compared to its average volume of 85,461. The business has a 50-day moving average price of $528.62 and a two-hundred day moving average price of $477.85. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01. SPDR S&P Semiconductor ETF has a 52-week low of $276.00 and a 52-week high of $658.14.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. World Investment Advisors grew its position in shares of SPDR S&P Semiconductor ETF by 116.1% during the fourth quarter. World Investment Advisors now owns 2,905 shares of the company’s stock worth $934,000 after acquiring an additional 1,561 shares during the last quarter. Ruggiero Investments Inc. purchased a new stake in SPDR S&P Semiconductor ETF in the 4th quarter valued at approximately $456,000. Vertex Investment Solutions Co. Ltd. purchased a new position in SPDR S&P Semiconductor ETF in the first quarter worth $1,387,000. SMI Advisory Services LLC purchased a new position in shares of SPDR S&P Semiconductor ETF in the 2nd quarter valued at about $20,604,000. Finally, Warner Group LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF during the 4th quarter valued at approximately $994,000.

SPDR S&P Semiconductor ETF Company Profile

SPDR S&P Semiconductor ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.