The Select Sector SPDR Trust - State Street Consumer Staples Select Sector SPDR ETF
ARCAXLP shorts rebuilt aggressively last week — and this week they haven't blinked, even as the ETF quietly gains ground. The short position that snapped back into focus on June 9 has largely held. Short interest closed Tuesday at 15.6% of free float, essentially unchanged from where it landed after last week's 11.5% weekly jump. That stability is telling. XLP gained 1.8% on the week…
XLP utilization hits 90.78%, highest since May 12—shorts face maxed-out borrowing capacity as availability plummets to 28.6%.
XLP shorts rebuilt aggressively last week — and this week they haven't blinked, even as the ETF quietly gains ground. The short position that snapped back into focus on June 9 has largely held. Short interest closed…
XLP has reversed course this week — shorts that spent the better part of May covering are now rebuilding positions, even as the ETF itself posts its best weekly gain in over a month. The short-side flip is the standout…
Snapshot as of 21 Jun 2026
The previous article noted that XLP's borrow market had loosened through late May. That has now reversed sharply. Availability dropped to 28.6% on June 3 — down from 64.5% just five days earlier. That is a 59%…
XLP enters June with a notable contradiction sitting at its core: short interest is falling sharply, yet the ETF itself is sliding lower. The short-side retreat over the past month has been dramatic. Estimated short…
XLP, the Consumer Staples Select Sector SPDR ETF, has extended its recovery from the bearish positioning peak of early April — and the borrow market is now confirming that the pressure has genuinely eased. The short…
XLP, the Consumer Staples Select Sector SPDR ETF, enters mid-May with a notable shift underway: the bearish bet that built through late March and April is rapidly unwinding. The clearest signal is in short interest.…
XLP — the Consumer Staples Select Sector SPDR ETF — heads into the week with a striking split in its positioning picture: short sellers are paying more to borrow and availability is near the tightest it has been all…
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