SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stock Short Interest Rises 169.3%

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 29,471 shares, a growth of 169.3% from the October 15th total of 10,944 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 66,678 shares, the short-interest ratio is currently 0.4 days.

SPDR SSGA US Sector Rotation ETF Stock Down 0.4%

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $65.40 on Friday. SPDR SSGA US Sector Rotation ETF has a 12 month low of $55.71 and a 12 month high of $67.86. The stock has a market cap of $1.07 billion, a PE ratio of 23.78 and a beta of 0.97. The business has a fifty day simple moving average of $66.26 and a 200-day simple moving average of $63.95.

Institutional Investors Weigh In On SPDR SSGA US Sector Rotation ETF

Institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC boosted its holdings in SPDR SSGA US Sector Rotation ETF by 22.3% in the third quarter. Private Advisor Group LLC now owns 376,501 shares of the company’s stock worth $25,003,000 after purchasing an additional 68,743 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 318.4% in the third quarter. Global Retirement Partners LLC now owns 2,615 shares of the company’s stock worth $174,000 after buying an additional 1,990 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 2.1% in the third quarter. Harbour Investments Inc. now owns 209,499 shares of the company’s stock worth $13,913,000 after buying an additional 4,363 shares during the last quarter. Ethic Inc. boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 509.7% during the 3rd quarter. Ethic Inc. now owns 45,730 shares of the company’s stock worth $3,037,000 after acquiring an additional 38,230 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 3.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 22,631 shares of the company’s stock worth $1,503,000 after acquiring an additional 815 shares in 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.