SPDR S&P Software & Services ETF (NYSEARCA:XSW) Short Interest Up 20.1% in January

SPDR S&P Software & Services ETF (NYSEARCA:XSW) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 155,189 shares, a growth of 20.1% from the January 15th total of 129,234 shares. Based on an average daily volume of 82,060 shares, the short-interest ratio is currently 1.9 days. Approximately 8.1% of the shares of the company are sold short. Approximately 8.1% of the shares of the company are sold short. Based on an average daily volume of 82,060 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On SPDR S&P Software & Services ETF

Institutional investors have recently bought and sold shares of the stock. Financial Life Planners bought a new stake in SPDR S&P Software & Services ETF during the third quarter valued at about $25,000. Triumph Capital Management purchased a new position in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at about $34,000. Advisory Services Network LLC bought a new position in shares of SPDR S&P Software & Services ETF during the 3rd quarter valued at approximately $141,000. Atlantic Union Bankshares Corp purchased a new stake in SPDR S&P Software & Services ETF in the 2nd quarter worth approximately $147,000. Finally, Summit Financial LLC purchased a new stake in SPDR S&P Software & Services ETF in the 4th quarter worth approximately $200,000.

SPDR S&P Software & Services ETF Trading Up 1.3%

Shares of NYSEARCA XSW opened at $150.82 on Thursday. SPDR S&P Software & Services ETF has a 12-month low of $137.55 and a 12-month high of $205.76. The firm has a market capitalization of $289.57 million, a price-to-earnings ratio of 30.29 and a beta of 1.19. The firm has a 50 day moving average of $177.52 and a 200 day moving average of $186.80.

About SPDR S&P Software & Services ETF

The SPDR S&P Software & Services ETF (XSW) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of software & services companies, as defined by GICS. XSW was launched on Sep 28, 2011 and is managed by State Street.