SPDR KBW Regional Banking (NYSE:KRE) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 23,407,705 shares, an increase of 21.4% from the August 15th total of 19,286,095 shares. Based on an average daily trading volume, of 4,551,427 shares, the short-interest ratio is currently 5.1 days.

Shares of SPDR KBW Regional Banking (NYSE:KRE) opened at 52.37 on Monday. SPDR KBW Regional Banking has a one year low of $40.97 and a one year high of $59.68. The company’s 50-day moving average price is $52.69 and its 200 day moving average price is $54.04.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.2062 per share. This represents a $0.82 annualized dividend and a yield of 1.58%. This is a boost from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Friday, September 15th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allegis Investment Advisors LLC grew its stake in shares of SPDR KBW Regional Banking by 0.6% during the second quarter. Allegis Investment Advisors LLC now owns 4,272 shares of the exchange traded fund’s stock valued at $235,000 after purchasing an additional 26 shares during the last quarter. Wellington Shields Capital Management LLC grew its stake in shares of SPDR KBW Regional Banking by 0.4% during the second quarter. Wellington Shields Capital Management LLC now owns 12,020 shares of the exchange traded fund’s stock valued at $660,000 after purchasing an additional 50 shares during the last quarter. National Planning Corp grew its stake in shares of SPDR KBW Regional Banking by 0.8% during the second quarter. National Planning Corp now owns 9,160 shares of the exchange traded fund’s stock valued at $514,000 after purchasing an additional 75 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of SPDR KBW Regional Banking by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 5,591 shares of the exchange traded fund’s stock valued at $307,000 after purchasing an additional 98 shares during the last quarter. Finally, Associated Banc Corp grew its stake in shares of SPDR KBW Regional Banking by 1.6% during the second quarter. Associated Banc Corp now owns 14,424 shares of the exchange traded fund’s stock valued at $793,000 after purchasing an additional 225 shares during the last quarter.

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About SPDR KBW Regional Banking

SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company’s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali.

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