SPDR S&P Retail ETF (NYSEARCA:XRT – Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 20,689,362 shares, a growth of 24.4% from the February 26th total of 16,632,704 shares. Based on an average daily volume of 7,118,446 shares, the short-interest ratio is currently 2.9 days. Approximately 342.0% of the company’s stock are sold short.
Institutional Investors Weigh In On SPDR S&P Retail ETF
Several hedge funds have recently added to or reduced their stakes in XRT. First Horizon Corp bought a new position in shares of SPDR S&P Retail ETF during the third quarter valued at $26,000. Pittenger & Anderson Inc. purchased a new position in shares of SPDR S&P Retail ETF in the 4th quarter worth about $29,000. Kestra Advisory Services LLC bought a new position in SPDR S&P Retail ETF in the 4th quarter worth about $52,000. National Bank of Canada FI boosted its stake in SPDR S&P Retail ETF by 370.7% in the 3rd quarter. National Bank of Canada FI now owns 659 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 519 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P Retail ETF by 191.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 911 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 598 shares during the last quarter.
SPDR S&P Retail ETF Stock Performance
Shares of XRT traded down $0.21 during mid-day trading on Monday, reaching $78.37. The company had a trading volume of 5,096,107 shares, compared to its average volume of 5,799,755. The company has a market capitalization of $474.14 million, a price-to-earnings ratio of 14.70 and a beta of 1.24. The firm has a 50-day moving average price of $85.40 and a 200 day moving average price of $85.24. SPDR S&P Retail ETF has a 52 week low of $61.33 and a 52 week high of $91.65.
About SPDR S&P Retail ETF
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