SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sees Large Decrease in Short Interest

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,419 shares, a drop of 85.4% from the December 15th total of 16,606 shares. Based on an average trading volume of 43,290 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 43,290 shares, the days-to-cover ratio is presently 0.1 days.

SPDR SSGA US Sector Rotation ETF Stock Performance

NYSEARCA:XLSR traded down $0.20 during trading hours on Tuesday, hitting $62.73. The stock had a trading volume of 30,317 shares, compared to its average volume of 70,640. The business’s 50 day moving average is $62.01 and its 200-day moving average is $59.34. The company has a market cap of $898.29 million, a price-to-earnings ratio of 22.41 and a beta of 0.97. SPDR SSGA US Sector Rotation ETF has a one year low of $43.22 and a one year high of $63.13.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

A number of large investors have recently made changes to their positions in XLSR. Royal Bank of Canada lifted its holdings in SPDR SSGA US Sector Rotation ETF by 1.2% during the first quarter. Royal Bank of Canada now owns 21,403 shares of the company’s stock worth $1,087,000 after acquiring an additional 250 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF during the first quarter worth about $597,000. Signal Advisors Wealth LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 9.5% during the 2nd quarter. Signal Advisors Wealth LLC now owns 188,472 shares of the company’s stock valued at $10,351,000 after purchasing an additional 16,423 shares in the last quarter. Sharkey Howes & Javer grew its position in shares of SPDR SSGA US Sector Rotation ETF by 3.1% in the 2nd quarter. Sharkey Howes & Javer now owns 166,085 shares of the company’s stock valued at $9,121,000 after purchasing an additional 5,071 shares during the period. Finally, Global Financial Private Client LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 8.3% in the 2nd quarter. Global Financial Private Client LLC now owns 55,312 shares of the company’s stock valued at $3,038,000 after purchasing an additional 4,235 shares during the period.

About SPDR SSGA US Sector Rotation ETF

The SPDR SSGA U.S. Sector Rotation ETF (XLSR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of companies classified within favorable sectors of the S&P 500. XLSR was launched on Apr 2, 2019 and is managed by State Street.