SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Significant Increase in Short Interest

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 16,608 shares, an increase of 99.3% from the December 31st total of 8,333 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 27,257 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 27,257 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in shares of SPDR S&P Capital Markets ETF during the 1st quarter worth approximately $1,966,000. Vicus Capital lifted its stake in SPDR S&P Capital Markets ETF by 8.9% during the 2nd quarter. Vicus Capital now owns 25,039 shares of the company’s stock worth $3,629,000 after acquiring an additional 2,046 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of SPDR S&P Capital Markets ETF in the second quarter valued at approximately $145,000. Accel Wealth Management boosted its position in SPDR S&P Capital Markets ETF by 10.9% in the 2nd quarter. Accel Wealth Management now owns 13,408 shares of the company’s stock valued at $1,943,000 after buying an additional 1,314 shares during the period. Finally, Grimes & Company Inc. acquired a new stake in SPDR S&P Capital Markets ETF in the 2nd quarter valued at about $7,794,000.

SPDR S&P Capital Markets ETF Trading Down 0.2%

Shares of NYSEARCA:KCE opened at $155.87 on Friday. SPDR S&P Capital Markets ETF has a twelve month low of $104.46 and a twelve month high of $162.25. The company’s 50 day moving average is $152.87 and its 200 day moving average is $151.90. The company has a market cap of $545.55 million, a PE ratio of 21.50 and a beta of 1.26.

About SPDR S&P Capital Markets ETF

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).