Short Sellers Target Energy ETFs

The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, and the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca: XOP), the largest ETF focusing on exploration and production companies, are up an average of about 16% over the past month. Plenty of skeptics remain regarding oil’s fundamental outlook…Click to read more at ETFtrends.com.