Energy Select Sector SPDR (NYSE:XLE) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 36,123,818 shares, an increase of 15.6% from the August 15th total of 31,249,667 shares. Based on an average daily volume of 11,948,153 shares, the days-to-cover ratio is presently 3.0 days.

Energy Select Sector SPDR (NYSE:XLE) opened at 65.84 on Friday. The stock has a 50 day moving average price of $64.28 and a 200-day moving average price of $66.73. Energy Select Sector SPDR has a 12-month low of $61.80 and a 12-month high of $78.45.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be paid a $0.8654 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $3.46 dividend on an annualized basis and a yield of 5.26%. This is an increase from Energy Select Sector SPDR’s previous quarterly dividend of $0.45.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Joel Isaacson & Co. LLC grew its stake in Energy Select Sector SPDR by 0.3% in the second quarter. Joel Isaacson & Co. LLC now owns 4,360 shares of the exchange traded fund’s stock valued at $283,000 after purchasing an additional 11 shares in the last quarter. MCF Advisors LLC grew its stake in 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 valued at $329,000 after purchasing an additional 29 shares in the last quarter. Financial Advisory Service Inc. grew its stake in Energy Select Sector SPDR by 0.6% in the second quarter. Financial Advisory Service Inc. now owns 6,582 shares of the exchange traded fund’s stock valued at $427,000 after purchasing an additional 38 shares in the last quarter. Country Trust Bank grew its stake in 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 valued at $183,000 after purchasing an additional 48 shares in the last quarter. Finally, Telos Capital Management Inc. grew its stake in 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 valued at $389,000 after purchasing an additional 62 shares in the last quarter.

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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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