Short Interest in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Decreases By 40.2%

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 11,941,271 shares, a decline of 40.2% from the November 30th total of 19,960,629 shares. Currently, 7.5% of the shares of the stock are sold short. Based on an average trading volume of 4,320,031 shares, the days-to-cover ratio is currently 2.8 days. Based on an average trading volume of 4,320,031 shares, the days-to-cover ratio is currently 2.8 days. Currently, 7.5% of the shares of the stock are sold short.

SPDR Blackstone Senior Loan ETF Trading Up 0.0%

Shares of SPDR Blackstone Senior Loan ETF stock traded up $0.01 during mid-day trading on Friday, reaching $41.21. 1,253,429 shares of the stock were exchanged, compared to its average volume of 4,728,296. The firm has a 50-day simple moving average of $41.30 and a 200 day simple moving average of $41.39. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $39.08 and a fifty-two week high of $42.03.

Hedge Funds Weigh In On SPDR Blackstone Senior Loan ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter worth approximately $33,000. Smartleaf Asset Management LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF by 177.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,011 shares of the company’s stock valued at $42,000 after purchasing an additional 647 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock worth $42,000 after buying an additional 962 shares in the last quarter. Triumph Capital Management bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter worth $54,000. Finally, Ancora Advisors LLC boosted its stake in SPDR Blackstone Senior Loan ETF by 42.3% in the third quarter. Ancora Advisors LLC now owns 1,540 shares of the company’s stock valued at $64,000 after buying an additional 458 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Company Profile

The SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less. SRLN was launched on Apr 3, 2013 and is managed by State Street.