SPDR S&P Oil & Gas Explore & Prod. (ETF) (XOP) Sees Large Growth in Short Interest
SPDR S&P Oil & Gas Explore & Prod. (ETF) (NYSE:XOP) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 64,239,386 shares, a growth of 6.7% from the September 15th total of 60,214,550 shares. Based on an average trading volume of 23,846,520 shares, the days-to-cover ratio is presently 2.7 days.
Shares of SPDR S&P Oil & Gas Explore & Prod. (NYSE:XOP) opened at 37.66 on Monday. The firm’s 50-day moving average price is $37.43 and its 200-day moving average price is $35.23. SPDR S&P Oil & Gas Explore & Prod. has a 12 month low of $22.06 and a 12 month high of $40.28.
SPDR S&P Oil & Gas Explore & Prod. (ETF) Company Profile
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SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index.
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