Short Interest in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Increases By 76.9%

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,031,043 shares, an increase of 76.9% from the November 30th total of 582,679 shares. Based on an average daily trading volume, of 2,068,276 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 2,068,276 shares, the short-interest ratio is presently 0.5 days.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

SPTI opened at $28.89 on Tuesday. SPDR Portfolio Intermediate Term Treasury ETF has a 12 month low of $27.62 and a 12 month high of $29.15. The stock’s 50 day moving average price is $28.94 and its 200 day moving average price is $28.81.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SPTI. Jones Financial Companies Lllp lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 73.3% during the 1st quarter. Jones Financial Companies Lllp now owns 28,098 shares of the company’s stock valued at $803,000 after purchasing an additional 11,885 shares during the period. S. R. Schill & Associates boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 1.6% during the second quarter. S. R. Schill & Associates now owns 485,875 shares of the company’s stock worth $13,979,000 after buying an additional 7,781 shares during the period. Higgins & Schmidt Wealth Strategies LLC boosted its position in SPDR Portfolio Intermediate Term Treasury ETF by 28.8% during the 2nd quarter. Higgins & Schmidt Wealth Strategies LLC now owns 285,468 shares of the company’s stock worth $8,213,000 after acquiring an additional 63,858 shares during the last quarter. Ehrlich Financial Group acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at $1,525,000. Finally, Melone Private Wealth LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 1.0% in the 2nd quarter. Melone Private Wealth LLC now owns 517,475 shares of the company’s stock valued at $14,852,000 after acquiring an additional 5,031 shares in the last quarter.

About SPDR Portfolio Intermediate Term Treasury ETF

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.