There are 27,435,600 shares short of the Consumer Discretionary Select Sector SPDR Fund (AMEX:XLY) according to data provided to ETFChannel.com from ShortSqueeze.com on ETFChannel's Shorted ETFs toplist.
With 53.9 million shares outstanding, this means that 53.22% of XLY shares are shorted, making it the 10th most shorted ETF that ETFChannel covers.
Top holdings of this ETF include McDonald's (NYSE:MCD), Walt Disney (NYSE:DIS), Amazon.com (NASDAQ:AMZN) and Comcast (CMSCA).
Looking at the holdings:
-A little less than 1% of McDonald's (NYSE:MCD) shares are shorted
-About 2.4% of Walt Disney (NYSE:DIS) shares are shorted
-3.57% of Amazon.com (NASDAQ:AMZN) has been shorted
-3.2% of Comcast (NASDAQ:CMCSA) is short.
It would take approximately 3.5 days for shorts to cover the shorted shares of XLY.
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