Utilities SPDR (ETF) (XLU) Short Interest Down 9.7% in August
Utilities SPDR (ETF) (NYSE:XLU) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 50,703,880 shares, a decrease of 9.7% from the August 15th total of 56,166,277 shares. Based on an average daily volume of 14,076,906 shares, the days-to-cover ratio is currently 3.6 days.
Utilities SPDR (NYSE:XLU) opened at 49.26 on Friday. The stock’s 50 day moving average price is $50.61 and its 200-day moving average price is $49.73. Utilities SPDR has a 12 month low of $41.50 and a 12 month high of $53.02.
About Utilities SPDR (ETF)
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Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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