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30.95 Percent of SPDR S&P Metals and Mining XME Shares Shorted

By Market News Video Staff, Thursday, October 28, 8:17 AM ET
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There are 4,255,600 shares short of the SPDR S&P Metals and Mining ETF (AMEX:XME) according to data provided to ETFChannel.com from ShortSqueeze.com on ETFChannel's Most Heavily Shorted ETFs toplist.

There are 14.7 million shares outstanding, so this means that 30.95% of XME shares have been shorted, making it the 24th most shorted ETF that ETFChannel.com covers.

Top holdings of this ETF include Massey Energy (MEE), Freeport-McMoRan Copper & Gold (NYSE:FCX), Hecla Mining (NYSE:HL), Alcoa (NYSE:AA) and Stillwater Mining (NYSE:SWC).

It would take approximately 1.1 days for shorts to cover the shorted shares of XME.


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This Article's Word Cloud:   AMEX   Alcoa   Call   Copper   Definition   ETFChannel   ETFs   Gold   Heavily   Investment   Metals   Mining   Most   NYSE   Portfolio   Register   Relevant   Short   Stillwater   There   Today   What   alerted   allows   asset   bonds   classes   completely   cover   days   designed   growth   include   making   million   most   portfolio   service   shares   short   shorted   stocks   terms   that   this   toplist   when   would   year   your
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30.95 Percent of SPDR S&P Metals and Mining XME Shares Shorted | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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