Health Care SPDR (XLV) Short Interest Update
Health Care SPDR (NYSE:XLV) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 25,980,453 shares, an increase of 19.7% from the August 15th total of 21,699,337 shares. Based on an average daily trading volume, of 6,168,546 shares, the days-to-cover ratio is presently 4.2 days.
Health Care SPDR (NYSE XLV) opened at 82.59 on Monday. Health Care SPDR has a 12-month low of $65.96 and a 12-month high of $83.41. The company has a 50 day moving average of $80.15 and a 200-day moving average of $77.48.
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be issued a $0.3048 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $1.22 annualized dividend and a yield of 1.48%.
A number of large investors have recently modified their holdings of XLV. Osborne Partners Capital Management LLC acquired a new position in Health Care SPDR in the 2nd quarter worth approximately $240,000. Excalibur Management Corp increased its holdings in Health Care SPDR by 1.3% in the 2nd quarter. Excalibur Management Corp now owns 4,015 shares of the exchange traded fund’s stock worth $318,000 after buying an additional 50 shares during the period. Jag Capital Management LLC acquired a new position in Health Care SPDR in the 2nd quarter worth approximately $203,000. Puplava Financial Services Inc. increased its holdings in Health Care SPDR by 44.5% in the 2nd quarter. Puplava Financial Services Inc. now owns 23,415 shares of the exchange traded fund’s stock worth $1,855,000 after buying an additional 7,207 shares during the period. Finally, Mutual of Omaha Bank Wealth Management increased its holdings in Health Care SPDR by 1,561.8% in the 2nd quarter. Mutual of Omaha Bank Wealth Management now owns 54,507 shares of the exchange traded fund’s stock worth $4,319,000 after buying an additional 51,227 shares during the period.
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Health Care SPDR Company Profile
Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500).
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