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%.

Hedge funds have recently bought and sold shares of the company. U S Global Investors Inc. purchased a new position in shares of Consumer Staples Select Sect. SPDR during the 2nd quarter valued at about $192,000. Capital Asset Advisory Services LLC purchased a new position in shares of Consumer Staples Select Sect. SPDR during the 4th quarter valued at about $206,000. Brighton Jones LLC purchased a new position in shares of Consumer Staples Select Sect. SPDR during the 3rd quarter valued at about $201,000. L & S Advisors Inc purchased a new position in shares of Consumer Staples Select Sect. SPDR during the 2nd quarter valued at about $205,000. Finally, Peapack Gladstone Financial Corp lifted its position in shares of Consumer Staples Select Sect. SPDR by 5.0% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 4,616 shares of the exchange traded fund’s stock valued at $254,000 after buying an additional 220 shares in the last quarter.

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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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