SPDR S&P Transportation ETF (NYSEARCA:XTN) Short Interest Update

by · The Markets Daily

SPDR S&P Transportation ETF (NYSEARCA:XTN – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 36,794 shares, an increase of 59.0% from the December 31st total of 23,138 shares. Based on an average trading volume of 108,476 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.4% of the company’s shares are sold short. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 108,476 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On SPDR S&P Transportation ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG boosted its stake in SPDR S&P Transportation ETF by 332.6% in the 4th quarter. UBS Group AG now owns 59,024 shares of the company’s stock worth $5,393,000 after purchasing an additional 45,379 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of SPDR S&P Transportation ETF by 169.2% in the second quarter. Ameriprise Financial Inc. now owns 71,574 shares of the company’s stock worth $5,762,000 after buying an additional 44,984 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of SPDR S&P Transportation ETF during the second quarter valued at approximately $2,149,000. Susquehanna International Group LLP lifted its position in SPDR S&P Transportation ETF by 306.7% in the 3rd quarter. Susquehanna International Group LLP now owns 25,933 shares of the company’s stock valued at $2,174,000 after acquiring an additional 19,556 shares in the last quarter. Finally, Brookstone Capital Management purchased a new stake in SPDR S&P Transportation ETF during the 4th quarter valued at $1,678,000.

SPDR S&P Transportation ETF Price Performance

Shares of SPDR S&P Transportation ETF stock traded down $1.52 during midday trading on Friday, reaching $96.09. The company had a trading volume of 21,464 shares, compared to its average volume of 77,043. The stock has a fifty day moving average price of $93.64 and a 200 day moving average price of $87.70. SPDR S&P Transportation ETF has a fifty-two week low of $61.95 and a fifty-two week high of $100.98. The firm has a market cap of $246.95 million, a PE ratio of 16.16 and a beta of 1.41.

SPDR S&P Transportation ETF Company Profile

(Get Free Report)

The SPDR S&P Transportation ETF (XTN) is an exchange-traded fund that is based on the S&P Transportation Select Industry index. The fund tracks a broad-based, equal-weighted index of US stocks in the transportation industry. XTN was launched on Jan 26, 2011 and is managed by State Street.

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