Consumer Staples Select Sect. SPDR (ETF) (XLP) Short Interest Up 21.2% in August
Consumer Staples Select Sect. SPDR (ETF) (NYSE:XLP) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 67,605,407 shares, a growth of 21.2% from the August 15th total of 55,791,539 shares. Based on an average trading volume of 8,365,186 shares, the days-to-cover ratio is currently 8.1 days.
Consumer Staples Select Sect. SPDR (NYSE:XLP) opened at 52.79 on Friday. Consumer Staples Select Sect. SPDR has a one year low of $46.48 and a one year high of $56.02. The company has a 50-day moving average of $54.41 and a 200 day moving average of $53.66.
About Consumer Staples Select Sect. SPDR (ETF)
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Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.
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