SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Up 32.1% in December

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 818,099 shares, a growth of 32.1% from the November 30th total of 619,128 shares. Based on an average trading volume of 1,776,298 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,776,298 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF

A number of institutional investors have recently modified their holdings of SPAB. FAS Wealth Partners Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $26,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Gould Capital LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth approximately $26,000. Collier Financial bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth approximately $32,000. Finally, Bare Financial Services Inc acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter valued at approximately $32,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB remained flat at $25.82 during trading hours on Tuesday. The company had a trading volume of 1,835,637 shares, compared to its average volume of 2,393,562. The stock has a 50 day simple moving average of $25.88 and a 200-day simple moving average of $25.71. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.70 and a 52-week high of $26.16.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.