Energy Select Sector SPDR (XLE) Sees Large Decline in Short Interest
Energy Select Sector SPDR (NYSE:XLE) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 36,601,179 shares, a decline of 9.7% from the September 15th total of 40,528,243 shares. Based on an average daily volume of 19,589,702 shares, the short-interest ratio is currently 1.9 days.
Shares of Energy Select Sector SPDR (NYSE:XLE) opened at 69.46 on Tuesday. The stock has a 50 day moving average of $69.39 and a 200 day moving average of $67.51. Energy Select Sector SPDR has a 52-week low of $49.93 and a 52-week high of $71.98.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 26th. Investors of record on Tuesday, September 20th were given a dividend of $0.4105 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Friday, September 16th.
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Energy Select Sector SPDR Company Profile
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.
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