Short Interest in Consumer Staples Select Sect. SPDR (XLP) Increases By 6.2%
Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) was the recipient of a large increase in short interest in December. As of December 29th, there was short interest totalling 38,989,549 shares, an increase of 6.2% from the December 15th total of 36,697,572 shares. Based on an average daily trading volume, of 7,461,068 shares, the short-interest ratio is currently 5.2 days.
Shares of Consumer Staples Select Sect. SPDR (XLP) opened at $56.65 on Tuesday. The stock has a market capitalization of $8,360.00 and a P/E ratio of 8.31. Consumer Staples Select Sect. SPDR has a 12 month low of $51.39 and a 12 month high of $57.36.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a dividend of $0.4177 per share. This represents a $1.67 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, December 15th. This is an increase from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35. Consumer Staples Select Sect. SPDR’s dividend payout ratio (DPR) is 21.85%.
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Consumer Staples Select Sect. SPDR Company Profile
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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