Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) was the target of a significant growth in short interest during the month of December. As of December 29th, there was short interest totalling 38,989,549 shares, a growth of 6.2% from the December 15th total of 36,697,572 shares. Based on an average daily volume of 7,461,068 shares, the short-interest ratio is currently 5.2 days.
Consumer Staples Select Sect. SPDR (XLP) opened at $56.65 on Tuesday. Consumer Staples Select Sect. SPDR has a 12-month low of $51.39 and a 12-month high of $57.36. The firm has a market capitalization of $8,360.00 and a PE ratio of 8.31.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were given a dividend of $0.4177 per share. This is a boost from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35. This represents a $1.67 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date was Friday, December 15th. Consumer Staples Select Sect. SPDR’s payout ratio is presently 21.85%.
About Consumer Staples Select Sect. SPDR
Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.
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