SPDR S&P Retail (XRT) Short Interest Down 28.1% in April

SPDR S&P Retail (NYSE:XRT) saw a significant drop in short interest in April. As of April 28th, there was short interest totalling 15,782,521 shares, a drop of 28.1% from the April 13th total of 21,962,747 shares. Based on an average daily volume of 5,266,911 shares, the days-to-cover ratio is currently 3.0 days.

Several institutional investors have recently added to or reduced their stakes in XRT. Ladenburg Thalmann Financial Services Inc. boosted its position in SPDR S&P Retail by 27.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,927 shares of the exchange traded fund’s stock valued at $129,000 after buying an additional 635 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR S&P Retail by 10.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,161 shares of the exchange traded fund’s stock valued at $447,000 after buying an additional 968 shares during the period. Advisor Group Inc. boosted its position in SPDR S&P Retail by 80.2% in the third quarter. Advisor Group Inc. now owns 2,778 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 1,236 shares during the period. Commonwealth Equity Services Inc boosted its position in SPDR S&P Retail by 32.4% in the third quarter. Commonwealth Equity Services Inc now owns 12,760 shares of the exchange traded fund’s stock valued at $556,000 after buying an additional 3,120 shares during the period. Finally, Sowell Financial Services LLC acquired a new position in SPDR S&P Retail during the fourth quarter valued at approximately $169,000.

Shares of SPDR S&P Retail (NYSE:XRT) opened at 40.96 on Friday. SPDR S&P Retail has a 12-month low of $39.50 and a 12-month high of $48.26. The firm’s 50-day moving average is $42.41 and its 200-day moving average is $43.52.

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SPDR S&P Retail Company Profile

SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the retail sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers.

12 Month Chart for NYSE:XRT

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