SPDR S&P Retail ETF (NYSEARCA:XRT) Short Interest Down 14.4% in April

SPDR S&P Retail ETF (NYSEARCA:XRT) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 20,437,731 shares, a decline of 14.4% from the March 31st total of 23,869,232 shares. Based on an average trading volume of 4,251,240 shares, the days-to-cover ratio is presently 4.8 days. Approximately 378.5% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR S&P Retail ETF

Several hedge funds and other institutional investors have recently made changes to their positions in XRT. First Horizon Corp acquired a new stake in shares of SPDR S&P Retail ETF in the third quarter valued at approximately $26,000. Pittenger & Anderson Inc. purchased a new position in SPDR S&P Retail ETF in the fourth quarter worth approximately $29,000. Kestra Advisory Services LLC purchased a new position in SPDR S&P Retail ETF in the fourth quarter worth approximately $52,000. National Bank of Canada FI grew its position in SPDR S&P Retail ETF by 370.7% in the third quarter. National Bank of Canada FI now owns 659 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 519 shares during the period. Finally, Fifth Third Bancorp purchased a new position in SPDR S&P Retail ETF in the first quarter worth approximately $71,000.

SPDR S&P Retail ETF Stock Down 0.2%

Shares of NYSEARCA XRT opened at $85.58 on Friday. SPDR S&P Retail ETF has a twelve month low of $69.17 and a twelve month high of $91.65. The firm has a market cap of $261.02 million, a PE ratio of 14.70 and a beta of 1.20. The business has a fifty day simple moving average of $83.23 and a two-hundred day simple moving average of $84.83.

About SPDR S&P Retail ETF