SPDR S&P Software & Services ETF (NYSEARCA:XSW) Short Interest Update

SPDR S&P Software & Services ETF (NYSEARCA:XSW) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 147,652 shares, a decline of 27.3% from the February 12th total of 203,088 shares. Based on an average daily trading volume, of 77,840 shares, the short-interest ratio is presently 1.9 days. Approximately 7.7% of the shares of the company are short sold. Approximately 7.7% of the shares of the company are short sold. Based on an average daily trading volume, of 77,840 shares, the short-interest ratio is presently 1.9 days.

SPDR S&P Software & Services ETF Stock Down 0.3%

SPDR S&P Software & Services ETF stock traded down $0.52 on Friday, hitting $149.52. The company’s stock had a trading volume of 104,154 shares, compared to its average volume of 86,024. SPDR S&P Software & Services ETF has a one year low of $137.55 and a one year high of $205.76. The firm has a market cap of $287.08 million, a P/E ratio of 30.29 and a beta of 1.19. The company has a fifty day moving average price of $164.54 and a 200-day moving average price of $183.05.

Institutional Trading of SPDR S&P Software & Services ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Life Planners acquired a new position in SPDR S&P Software & Services ETF in the third quarter worth about $25,000. Triumph Capital Management acquired a new stake in SPDR S&P Software & Services ETF during the third quarter valued at approximately $34,000. Advisory Services Network LLC acquired a new stake in SPDR S&P Software & Services ETF during the third quarter valued at approximately $141,000. Summit Financial LLC bought a new stake in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $200,000. Finally, Pincus Capital Management LP bought a new stake in shares of SPDR S&P Software & Services ETF in the 4th quarter valued at approximately $215,000.

SPDR S&P Software & Services ETF Company Profile

The SPDR S&P Software & Services ETF (XSW) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of software & services companies, as defined by GICS. XSW was launched on Sep 28, 2011 and is managed by State Street.