Short Interest in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Rises By 58.2%

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 51,900 shares, a growth of 58.2% from the September 15th total of 32,800 shares. Based on an average daily volume of 39,300 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 39,300 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF

Several large investors have recently bought and sold shares of XLSR. Royal Bank of Canada grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 1.2% in the 1st quarter. Royal Bank of Canada now owns 21,403 shares of the company’s stock worth $1,087,000 after acquiring an additional 250 shares in the last quarter. M1 Capital Management LLC grew its position in SPDR SSGA US Sector Rotation ETF by 5.2% in the 1st quarter. M1 Capital Management LLC now owns 5,658 shares of the company’s stock worth $287,000 after purchasing an additional 281 shares in the last quarter. Transce3nd LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 8.7% in the 2nd quarter. Transce3nd LLC now owns 3,786 shares of the company’s stock valued at $208,000 after buying an additional 302 shares during the last quarter. FSA Advisors Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 4.5% in the 1st quarter. FSA Advisors Inc. now owns 7,475 shares of the company’s stock valued at $379,000 after buying an additional 321 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 23.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,752 shares of the company’s stock worth $96,000 after buying an additional 328 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Up 0.5%

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $60.54 on Friday. SPDR SSGA US Sector Rotation ETF has a 52 week low of $43.22 and a 52 week high of $60.75. The business has a 50 day moving average price of $58.89 and a 200-day moving average price of $54.85. The company has a market cap of $859.06 million, a PE ratio of 22.41 and a beta of 0.94.

SPDR SSGA US Sector Rotation ETF Company Profile

The SPDR SSGA U.S. Sector Rotation ETF (XLSR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of companies classified within favorable sectors of the S&P 500. XLSR was launched on Apr 2, 2019 and is managed by State Street.