Utilities SPDR (ETF) Sees Significant Decrease in Short Interest (XLU)
Shares of Utilities SPDR (ETF) (NYSE:XLU) were the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 64,919,978 shares, a drop of 3.7% from the July 15th total of 67,437,600 shares, StockRatingsNetwork.com reports. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 8,092,792 shares, the short-interest ratio is currently 8.0 days.
Shares of Utilities SPDR (NYSE:XLU) traded up 0.44% on Tuesday, hitting $42.0449. The stock had a trading volume of 1,385,555 shares. Utilities SPDR has a 52 week low of $36.55 and a 52 week high of $44.36. The stock has a 50-day moving average of $42.22 and a 200-day moving average of $41.71.
Select Sector Utilities Select Sector SPDR Fund (NYSE:XLU), 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).
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