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Username: Fluffy Rating:  Asked to: Dara Madee Date Created: 14 Sep 2018 |
| Category | 28 |
| Tag | Financial |
| Question | What is 'XRT'? |
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Hello Fluffy, XRT is an extension printed after the ticker symbol for a stock to indicate that the stock is trading on an ex-rights basis. Ex-rights means that the buyer of the stock does not have rights to purchase more shares at a lower price anymore, as those rights have expired. XRT is printed on the ticker tape or displayed on the electronic ticker for clarity and to avoid disputes or confusion about where the rights currently remain. XRT is an abbreviation for the word ex-rights. XRT is also the ticker symbol for the SPDR S&P Retail exchange-traded fund (ETF). This is an index fund that tracks a broad-based, equal-weighted index of U.S. retail industry stocks. |
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