SPDR S&P Telecom ETF (NYSEARCA:XTL) Shares Shorted: Short Interest Down 52.5% in October

Posted by Tyrone Williams on Nov 1st, 2026

SPDR S&P Telecom ETF (NYSEARCA:XTL – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 9,721 shares, a drop of 52.5% from the September 30th total of 20,446 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 50,767 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On SPDR S&P Telecom ETF

Several large investors have recently made changes to their positions in XTL. Hsbc Holdings PLC purchased a new stake in SPDR S&P Telecom ETF in the 1st quarter worth about $4,628,000. Geneos Wealth Management Inc. acquired a new position in SPDR S&P Telecom ETF during the first quarter worth about $2,066,000. NewEdge Advisors LLC lifted its holdings in SPDR S&P Telecom ETF by 413.8% in the second quarter. NewEdge Advisors LLC now owns 10,163 shares of the company’s stock valued at $2,312,000 after acquiring an additional 8,185 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in SPDR S&P Telecom ETF during the 3rd quarter worth about $1,518,000. Finally, Brookstone Capital Management purchased a new stake in shares of SPDR S&P Telecom ETF during the third quarter worth approximately $1,066,000.

SPDR S&P Telecom ETF Trading Down 3.3%

XTL stock traded down $6.50 during trading on Friday, reaching $189.39. 21,494 shares of the stock were exchanged, compared to its average volume of 69,598. The firm has a market cap of $464.01 million, a P/E ratio of 17.49 and a beta of 1.17. The firm’s 50 day moving average is $203.23 and its 200 day moving average is $203.99. SPDR S&P Telecom ETF has a twelve month low of $131.25 and a twelve month high of $247.62.

About SPDR S&P Telecom ETF

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The SPDR S&P Telecom ETF (XTL) is an exchange-traded fund that is based on the S&P Telecom Select Industry index. The fund tracks an equal-weighted index of US telecom companies selected by the S&P Committee. XTL was launched on Jan 26, 2011 and is managed by State Street.