SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sees Significant Increase in Short Interest

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 25,643 shares, an increase of 960.1% from the December 31st total of 2,419 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 64,258 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 64,258 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

SPDR SSGA US Sector Rotation ETF Stock Up 0.0%

NYSEARCA:XLSR traded up $0.02 during trading hours on Thursday, reaching $62.85. 60,395 shares of the stock were exchanged, compared to its average volume of 52,275. The business has a 50-day moving average of $62.33 and a two-hundred day moving average of $59.91. SPDR SSGA US Sector Rotation ETF has a twelve month low of $43.22 and a twelve month high of $63.13. The company has a market capitalization of $911.95 million, a price-to-earnings ratio of 22.41 and a beta of 0.97.

Institutional Investors Weigh In On SPDR SSGA US Sector Rotation ETF

Large investors have recently added to or reduced their stakes in the business. Quest 10 Wealth Builders Inc. boosted its position in SPDR SSGA US Sector Rotation ETF by 97.5% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 950 shares of the company’s stock valued at $59,000 after buying an additional 469 shares during the period. Global Financial Private Client LLC raised its position in SPDR SSGA US Sector Rotation ETF by 3.3% in the 4th quarter. Global Financial Private Client LLC now owns 64,077 shares of the company’s stock valued at $3,993,000 after purchasing an additional 2,026 shares in the last quarter. AE Wealth Management LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 3.7% during the fourth quarter. AE Wealth Management LLC now owns 131,825 shares of the company’s stock worth $8,214,000 after buying an additional 4,701 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 11.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock worth $119,000 after buying an additional 202 shares during the period. Finally, Raleigh Capital Management Inc. lifted its stake in SPDR SSGA US Sector Rotation ETF by 1.8% in the fourth quarter. Raleigh Capital Management Inc. now owns 129,883 shares of the company’s stock worth $8,093,000 after acquiring an additional 2,351 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Company Profile

The SPDR SSGA U.S. Sector Rotation ETF (XLSR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of companies classified within favorable sectors of the S&P 500. XLSR was launched on Apr 2, 2019 and is managed by State Street.