SPDR S&P Retail ETF (NYSEARCA:XRT) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 29,254,572 shares, an increase of 24.5% from the September 14th total of 23,506,743 shares. Based on an average trading volume of 5,280,955 shares, the short-interest ratio is currently 5.5 days.

Shares of NYSEARCA:XRT opened at $47.42 on Friday. SPDR S&P Retail ETF has a 52-week low of $38.69 and a 52-week high of $52.96.

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were issued a $0.1594 dividend. The ex-dividend date of this dividend was Friday, September 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.34%.

Several hedge funds have recently bought and sold shares of XRT. Morgan Stanley lifted its holdings in shares of SPDR S&P Retail ETF by 439.5% in the second quarter. Morgan Stanley now owns 8,547,244 shares of the exchange traded fund’s stock valued at $415,054,000 after purchasing an additional 6,962,903 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR S&P Retail ETF by 1,768.4% in the second quarter. Bank of America Corp DE now owns 1,762,299 shares of the exchange traded fund’s stock valued at $85,578,000 after purchasing an additional 1,667,980 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in shares of SPDR S&P Retail ETF in the second quarter valued at approximately $68,805,000. BNP Paribas Arbitrage SA lifted its holdings in shares of SPDR S&P Retail ETF by 22.3% in the second quarter. BNP Paribas Arbitrage SA now owns 4,309,429 shares of the exchange traded fund’s stock valued at $209,266,000 after purchasing an additional 785,171 shares in the last quarter. Finally, Bank of Nova Scotia lifted its holdings in shares of SPDR S&P Retail ETF by 33.3% in the second quarter. Bank of Nova Scotia now owns 1,800,000 shares of the exchange traded fund’s stock valued at $87,408,000 after purchasing an additional 450,000 shares in the last quarter.

SPDR S&P Retail ETF Company Profile

SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the retail sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers.

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