SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Short Interest Up 99.3% in January

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 16,608 shares, a growth of 99.3% from the December 31st total of 8,333 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 27,257 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 27,257 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of SPDR S&P Capital Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in SPDR S&P Capital Markets ETF during the 1st quarter worth approximately $1,966,000. Vicus Capital raised its stake in SPDR S&P Capital Markets ETF by 8.9% in the 2nd quarter. Vicus Capital now owns 25,039 shares of the company’s stock valued at $3,629,000 after purchasing an additional 2,046 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in SPDR S&P Capital Markets ETF during the 2nd quarter worth $145,000. Accel Wealth Management grew its holdings in shares of SPDR S&P Capital Markets ETF by 10.9% during the second quarter. Accel Wealth Management now owns 13,408 shares of the company’s stock worth $1,943,000 after buying an additional 1,314 shares in the last quarter. Finally, Grimes & Company Inc. purchased a new position in shares of SPDR S&P Capital Markets ETF in the second quarter worth about $7,794,000.

SPDR S&P Capital Markets ETF Stock Performance

NYSEARCA KCE traded down $0.33 during mid-day trading on Friday, reaching $155.87. 14,689 shares of the stock were exchanged, compared to its average volume of 23,554. The company has a market capitalization of $545.55 million, a P/E ratio of 21.50 and a beta of 1.26. The business’s 50 day moving average is $152.87 and its 200-day moving average is $151.88. SPDR S&P Capital Markets ETF has a 1 year low of $104.46 and a 1 year high of $162.25.

About SPDR S&P Capital Markets ETF

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).