Short Interest in SPDR NYSE Technology ETF (NYSEARCA:XNTK) Grows By 156.6%

SPDR NYSE Technology ETF (NYSEARCA:XNTK) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 29,655 shares, a growth of 156.6% from the November 30th total of 11,555 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 42,751 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 42,751 shares, the short-interest ratio is currently 0.7 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of SPDR NYSE Technology ETF

Institutional investors have recently made changes to their positions in the company. CWM LLC lifted its position in shares of SPDR NYSE Technology ETF by 4.7% during the 3rd quarter. CWM LLC now owns 875 shares of the company’s stock valued at $238,000 after buying an additional 39 shares during the last quarter. MML Investors Services LLC raised its stake in SPDR NYSE Technology ETF by 1.5% in the 2nd quarter. MML Investors Services LLC now owns 3,088 shares of the company’s stock valued at $733,000 after acquiring an additional 45 shares during the period. SFG Wealth Management LLC. raised its stake in SPDR NYSE Technology ETF by 0.4% in the 3rd quarter. SFG Wealth Management LLC. now owns 11,755 shares of the company’s stock valued at $3,200,000 after acquiring an additional 50 shares during the period. Detalus Advisors LLC lifted its holdings in SPDR NYSE Technology ETF by 5.3% during the third quarter. Detalus Advisors LLC now owns 1,027 shares of the company’s stock valued at $280,000 after purchasing an additional 52 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in SPDR NYSE Technology ETF by 1.0% during the second quarter. Captrust Financial Advisors now owns 5,807 shares of the company’s stock worth $1,378,000 after purchasing an additional 58 shares during the period.

SPDR NYSE Technology ETF Stock Performance

Shares of XNTK traded up $0.01 during trading hours on Friday, reaching $282.57. The stock had a trading volume of 9,840 shares, compared to its average volume of 32,751. SPDR NYSE Technology ETF has a 12 month low of $159.43 and a 12 month high of $295.79. The stock has a market capitalization of $1.48 billion, a PE ratio of 31.16 and a beta of 1.31. The company’s 50-day moving average is $279.60 and its two-hundred day moving average is $259.08.

SPDR NYSE Technology ETF Company Profile

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors.