The Energy Select Sector SPDR (XLE) Sees Large Decline in Short Interest

The Energy Select Sector SPDR (XLE) Sees Large Decline in Short Interest

Energy Select Sector SPDR (NYSE:XLE) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 36,601,179 shares, a decline of 9.7% from the September 15th total of 40,528,243 shares. Based on an average daily volume of 19,589,702 shares, the short-interest ratio is currently 1.9 days.

Shares of Energy Select Sector SPDR (NYSE:XLE) opened at 69.46 on Tuesday. The stock has a 50 day moving average of $69.39 and a 200 day moving average of $67.51. Energy Select Sector SPDR has a 52-week low of $49.93 and a 52-week high of $71.98.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 26th. Investors of record on Tuesday, September 20th were given a dividend of $0.4105 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Friday, September 16th.

Energy Select Sector SPDR Company Profile

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