SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK) Stock Short Interest Climbs 553.4%

Posted by Trevor Kearing on Sep 26th, 2026

SPDR FactSet Innovative Technology ETF (NYSEARCA:XITK – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,084 shares, a growth of 553.4% from the August 31st total of 625 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 2,460 shares, the days-to-cover ratio is presently 1.7 days.

SPDR FactSet Innovative Technology ETF Stock Up 0.1%

XITK traded up $0.14 during trading on Friday, hitting $200.53. 539 shares of the stock were exchanged, compared to its average volume of 2,093. SPDR FactSet Innovative Technology ETF has a 1-year low of $141.05 and a 1-year high of $211.23. The stock has a fifty day moving average price of $195.11 and a two-hundred day moving average price of $183.24. The firm has a market capitalization of $70.19 million, a P/E ratio of 27.20 and a beta of 1.32.

Institutional Trading of SPDR FactSet Innovative Technology ETF

Several institutional investors and hedge funds have recently bought and sold shares of XITK. Harbour Wealth Management Group Inc. acquired a new stake in SPDR FactSet Innovative Technology ETF during the 4th quarter worth $3,503,000. Northwestern Mutual Wealth Management Co. increased its stake in SPDR FactSet Innovative Technology ETF by 15,685.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,840 shares of the company’s stock valued at $1,577,000 after purchasing an additional 8,784 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of SPDR FactSet Innovative Technology ETF in the second quarter valued at about $485,000.

About SPDR FactSet Innovative Technology ETF

(Get Free Report)

The SPDR FactSet Innovative Technology ETF (XITK) is an exchange-traded fund that is based on the FactSet Innovative Technology index. The fund tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet. XITK was launched on Jan 13, 2016 and is managed by State Street.