Utilities SPDR (NYSE:XLU) Short Interest Down 14.2% in September

Utilities SPDR (NYSE:XLU) saw a large drop in short interest in September. As of September 29th, there was short interest totalling 40,692,499 shares, a drop of 14.2% from the September 15th total of 47,437,739 shares. Based on an average daily volume of 13,367,951 shares, the short-interest ratio is currently 3.0 days.

Utilities SPDR (XLU) opened at 55.05 on Friday. The firm has a 50-day moving average price of $54.15 and a 200-day moving average price of $53.28. Utilities SPDR has a one year low of $45.33 and a one year high of $55.90.



A number of institutional investors and hedge funds have recently bought and sold shares of the business. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its position in Utilities SPDR by 313.5% during the third quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 280,665 shares of the exchange traded fund’s stock worth $14,901,000 after purchasing an additional 212,784 shares in the last quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD boosted its position in Utilities SPDR by 326.1% during the third quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 104,015 shares of the exchange traded fund’s stock worth $5,588,000 after purchasing an additional 79,602 shares in the last quarter. Spinnaker Trust purchased a new stake in Utilities SPDR during the third quarter worth $3,191,000. Rehmann Capital Advisory Group boosted its position in Utilities SPDR by 63.9% during the third quarter. Rehmann Capital Advisory Group now owns 9,125 shares of the exchange traded fund’s stock worth $484,000 after purchasing an additional 3,556 shares in the last quarter. Finally, Parsec Financial Management Inc. boosted its position in Utilities SPDR by 583.8% during the third quarter. Parsec Financial Management Inc. now owns 57,471 shares of the exchange traded fund’s stock worth $3,049,000 after purchasing an additional 49,066 shares in the last quarter.

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Utilities SPDR Company Profile

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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