Financial Select Sector SPDR Fund (XLF) Sees Significant Drop in Short Interest

Financial Select Sector SPDR Fund (NYSE:XLF) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 98,147,978 shares, a decrease of 19.1% from the March 15th total of 121,357,187 shares. Based on an average daily trading volume, of 98,761,667 shares, the short-interest ratio is currently 1.0 days.

Shares of Financial Select Sector SPDR Fund (NYSE:XLF) traded up 1.21% during midday trading on Friday, reaching $23.43. 43,429,109 shares of the company traded hands. Financial Select Sector SPDR Fund has a 1-year low of $18.72 and a 1-year high of $25.30. The company has a 50 day moving average price of $23.56 and a 200 day moving average price of $23.35.

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Financial Select Sector SPDR Fund Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

5 Day Chart for NYSE:XLF

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