Short Interest in SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Increases By 51.8%

SPDR S&P Semiconductor ETF (NYSEARCA:XSDGet Free Report) saw a significant 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 days-to-cover ratio is presently 1.6 days. Approximately 2.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Semiconductor ETF during the 1st quarter valued at $26,000. CIBC Private Wealth Group LLC acquired a new stake in shares of SPDR S&P Semiconductor ETF in the third quarter valued at approximately $32,000. Glenmede Trust Co. NA bought a new stake in shares of SPDR S&P Semiconductor ETF during the 1st quarter valued at $33,000. Strategic Advocates LLC lifted its position in SPDR S&P Semiconductor ETF by 71.0% during the fourth quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after purchasing an additional 44 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in shares of SPDR S&P Semiconductor ETF by 120.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock worth $35,000 after acquiring an additional 60 shares in the last quarter.

SPDR S&P Semiconductor ETF Trading Up 0.9%

XSD stock opened at $477.10 on Thursday. The stock has a market cap of $2.66 billion, a PE ratio of 33.47 and a beta of 2.01. The stock has a 50-day moving average price of $523.75 and a two-hundred day moving average price of $479.42. SPDR S&P Semiconductor ETF has a 1 year low of $278.78 and a 1 year high of $658.14.

SPDR S&P Semiconductor ETF Company Profile

(Get Free Report)

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.

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