Short Interest in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Grows By 99.3%

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 16,608 shares, an increase of 99.3% from the December 31st total of 8,333 shares. Based on an average daily volume of 27,257 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 27,257 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Qube Research & Technologies Ltd raised its stake in shares of SPDR S&P Capital Markets ETF by 226.2% in the second quarter. Qube Research & Technologies Ltd now owns 349 shares of the company’s stock worth $51,000 after acquiring an additional 242 shares during the last quarter. Montag A & Associates Inc. acquired a new stake in SPDR S&P Capital Markets ETF in the third quarter worth about $113,000. Advisory Services Network LLC bought a new stake in SPDR S&P Capital Markets ETF during the 3rd quarter worth about $129,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in SPDR S&P Capital Markets ETF during the 2nd quarter worth about $145,000. Finally, Barometer Capital Management Inc. boosted its stake in shares of SPDR S&P Capital Markets ETF by 11.1% in the 3rd quarter. Barometer Capital Management Inc. now owns 1,000 shares of the company’s stock valued at $153,000 after purchasing an additional 100 shares during the last quarter.

SPDR S&P Capital Markets ETF Stock Down 0.2%

Shares of KCE stock opened at $155.87 on Friday. The stock has a 50 day moving average of $152.87 and a 200-day moving average of $151.90. The firm has a market cap of $545.55 million, a PE ratio of 21.50 and a beta of 1.26. SPDR S&P Capital Markets ETF has a 12 month low of $104.46 and a 12 month high of $162.25.

About SPDR S&P Capital Markets ETF

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).