The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) Short Interest Update

The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 52,424 shares, a growth of 176.6% from the August 31st total of 18,953 shares. Based on an average trading volume of 59,042 shares, the short-interest ratio is currently 0.9 days. Currently, 6.1% of the shares of the stock are short sold.

The Consumer Staples Select Sector SPDR Premium Income Fund Trading Up 0.2%

NYSEARCA XLSI traded up $0.04 during trading hours on Monday, reaching $22.91. The company’s stock had a trading volume of 4,102 shares, compared to its average volume of 10,867. The business’s 50-day moving average is $23.38. The Consumer Staples Select Sector SPDR Premium Income Fund has a 1 year low of $22.70 and a 1 year high of $25.51.

Institutional Investors Weigh In On The Consumer Staples Select Sector SPDR Premium Income Fund

An institutional investor recently bought a new position in The Consumer Staples Select Sector SPDR Premium Income Fund stock. WealthShield Partners LLC acquired a new position in shares of The Consumer Staples Select Sector SPDR Premium Income Fund (NYSEARCA:XLSI) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,280 shares of the ETF’s stock, valued at approximately $30,000. WealthShield Partners LLC owned approximately 1.16% of The Consumer Staples Select Sector SPDR Premium Income Fund at the end of the most recent reporting period.

State Street Consumer Staples Select Sector SPDR Premium Income ETF is an exchange-traded fund managed by State Street Global Advisors that offers investors targeted exposure to the consumer staples sector with an emphasis on income generation.

As a sector-focused SPDR product, XLSI is designed to provide access to companies engaged in the production, distribution and retailing of essential consumer goods such as food and beverages, household products, personal care items and related services.

The fund holds a portfolio of consumer staples equities and is structured to combine sector exposure with an options-based income component.