Newest Short Interest Filing: Could Spdr Standard and Poors 500 Etf (NYSEARCA:SPY) See a Reversal After More Sellers Came In?

November 23, 2016 - By Pete Kolinski   ·   0 Comments

Newest Short Interest Filing: Could Spdr Standard and Poors 500 Etf (NYSEARCA:SPY) See a Reversal After More Sellers Came In?

The stock of Spdr Standard and Poors 500 Etf (NYSEARCA:SPY) registered an increase of 0.2% in short interest. SPY’s total short interest was 241.57 million shares in November as published by FINRA. Its up 0.2% from 241.09M shares, reported previously. With 76.90 million shares average volume, it will take short sellers 3 days to cover their SPY’s short positions. SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has risen 5.56% since April 21, 2016 and is uptrending. It has outperformed by 0.23% the S&P500.

SPDR S&P 500 ETF Trust is a unit investment trust. The ETF has a market cap of $213.36 billion. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). It currently has negative earnings. The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

SPY Company Profile

SPDR Trust, Series 1 (the Trust) is a unit investment trust. The Trust is an exchange-traded fund created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which comprise the Standard & Poor’s 500 Composite Price Index (the S&P Index). Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor’s Depositary Receipt (SPDR).

More notable recent SPDR S&P 500 ETF Trust (NYSEARCA:SPY) news were published by: Etfdailynews.com which released: “Market Technicals Pointing To More Gains Ahead” on November 22, 2016, also Etfdailynews.com with their article: “Deutsche Bank: S&P 500 Headed To 2500 Soon” published on November 21, 2016, Benzinga.com published: “Dan Deming’s SPDR S&P 500 ETF Trust Trade” on November 10, 2016. More interesting news about SPDR S&P 500 ETF Trust (NYSEARCA:SPY) were released by: Etfdailynews.com and their article: “The S&P 500 Is Nearing A New All Time Closing High” published on November 18, 2016 as well as Investorplace.com‘s news article titled: “3 Big Stock Charts: Shopify Inc (SHOP), J C Penney Company Inc (JCP) and SPDR …” with publication date: November 22, 2016.

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By Pete Kolinski


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