SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Short Interest Update

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) was the target of a significant increase in short interest in 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. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 27,257 shares, the short-interest ratio is presently 0.6 days.

SPDR S&P Capital Markets ETF Trading Down 0.2%

Shares of KCE stock traded down $0.33 during trading on Friday, reaching $155.87. 14,689 shares of the company’s stock traded hands, compared to its average volume of 23,554. The firm’s 50-day moving average is $152.87 and its 200 day moving average is $151.88. The company has a market capitalization of $545.55 million, a P/E ratio of 21.50 and a beta of 1.26. SPDR S&P Capital Markets ETF has a 1 year low of $104.46 and a 1 year high of $162.25.

Institutional Inflows and Outflows

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

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).