Energy Select Sector SPDR (NYSE:XLE) was the recipient of a large decline in short interest during the month of July. As of July 14th, there was short interest totalling 34,278,259 shares, a decline of 9.7% from the June 30th total of 37,953,134 shares. Based on an average daily volume of 15,268,702 shares, the days-to-cover ratio is presently 2.2 days.

A number of large investors have recently bought and sold shares of the company. MCF Advisors LLC increased its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 29 shares during the period. Country Trust Bank increased its position in shares of Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 48 shares during the period. Telos Capital Management Inc. increased its position in shares of Energy Select Sector SPDR by 1.0% in the second quarter. Telos Capital Management Inc. now owns 5,991 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 62 shares during the period. Exchange Capital Management Inc. increased its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. Exchange Capital Management Inc. now owns 18,829 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 103 shares during the period. Finally, Probity Advisors Inc. increased its position in shares of Energy Select Sector SPDR by 2.4% in the second quarter. Probity Advisors Inc. now owns 17,494 shares of the exchange traded fund’s stock worth $1,136,000 after buying an additional 415 shares during the period.

Energy Select Sector SPDR (NYSE:XLE) opened at 66.47 on Monday. The stock’s 50 day moving average price is $65.27 and its 200 day moving average price is $68.90. Energy Select Sector SPDR has a 52-week low of $63.29 and a 52-week high of $78.45.

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About Energy Select Sector SPDR

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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