Energy Select Sector SPDR Fund (NYSEARCA:XLE) Short Interest Up 84.7% in December

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 76,576,037 shares, a growth of 84.7% from the November 30th total of 41,463,714 shares. Approximately 12.8% of the shares of the stock are sold short. Based on an average daily volume of 27,469,766 shares, the short-interest ratio is presently 2.8 days. Based on an average daily volume of 27,469,766 shares, the short-interest ratio is presently 2.8 days. Approximately 12.8% of the shares of the stock are sold short.

Energy Select Sector SPDR Fund Stock Up 1.1%

NYSEARCA XLE traded up $0.50 on Monday, reaching $44.70. 19,871,720 shares of the stock traded hands, compared to its average volume of 33,356,652. Energy Select Sector SPDR Fund has a 12 month low of $37.24 and a 12 month high of $47.41. The company has a market cap of $26.67 billion, a price-to-earnings ratio of 15.59 and a beta of 0.77. The firm’s fifty day simple moving average is $44.72 and its 200 day simple moving average is $44.08.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Collective Family Office LLC lifted its holdings in shares of Energy Select Sector SPDR Fund by 4.7% during the third quarter. Collective Family Office LLC now owns 2,524 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 114 shares during the period. Hager Investment Management Services LLC raised its position in shares of Energy Select Sector SPDR Fund by 45.8% during the third quarter. Hager Investment Management Services LLC now owns 366 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 115 shares during the last quarter. Windsor Advisory Group LLC lifted its position in Energy Select Sector SPDR Fund by 1.5% during the 3rd quarter. Windsor Advisory Group LLC now owns 7,976 shares of the exchange traded fund’s stock valued at $713,000 after purchasing an additional 115 shares during the period. Larson Financial Group LLC boosted its stake in shares of Energy Select Sector SPDR Fund by 1.2% in the 3rd quarter. Larson Financial Group LLC now owns 9,670 shares of the exchange traded fund’s stock valued at $864,000 after purchasing an additional 115 shares during the last quarter. Finally, Optimum Investment Advisors boosted its stake in shares of Energy Select Sector SPDR Fund by 2.0% in the 2nd quarter. Optimum Investment Advisors now owns 5,879 shares of the exchange traded fund’s stock valued at $499,000 after purchasing an additional 116 shares during the last quarter.

Energy Select Sector SPDR Fund Company Profile

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc