SPDR S&P Semiconductor ETF (NYSEARCA:XSD) Short Interest Update

SPDR S&P Semiconductor ETF (NYSEARCA:XSD) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 103,933 shares, a drop of 39.3% from the July 15th total of 171,250 shares. Based on an average trading volume of 80,874 shares, the short-interest ratio is presently 1.3 days. Currently, 1.9% of the company’s stock are sold short.

Institutional Trading of SPDR S&P Semiconductor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Turtle Creek Wealth Advisors LLC bought a new position in shares of SPDR S&P Semiconductor ETF in the first quarter valued at $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of SPDR S&P Semiconductor ETF during the third quarter worth about $32,000. Glenmede Trust Co. NA acquired a new stake in shares of SPDR S&P Semiconductor ETF in the 1st quarter worth about $33,000. Strategic Advocates LLC raised its holdings in shares of SPDR S&P Semiconductor ETF by 71.0% in the 4th quarter. Strategic Advocates LLC now owns 106 shares of the company’s stock worth $34,000 after acquiring an additional 44 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in SPDR S&P Semiconductor ETF by 120.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 110 shares of the company’s stock valued at $35,000 after acquiring an additional 60 shares in the last quarter.

SPDR S&P Semiconductor ETF Stock Down 2.8%

NYSEARCA XSD opened at $503.30 on Thursday. SPDR S&P Semiconductor ETF has a 52 week low of $267.00 and a 52 week high of $658.14. The business has a 50 day moving average price of $549.02 and a 200-day moving average price of $470.08. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 33.47 and a beta of 2.01.

SPDR S&P Semiconductor ETF Company Profile

SPDR S&P Semiconductor ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Semiconductor Select Industry Index. The S&P Semiconductor Select Industry Index represents the Semiconductor sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.