SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Short Interest Down 48.9% in December

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 115,201 shares, a decrease of 48.9% from the December 15th total of 225,264 shares. Based on an average daily volume of 86,275 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.9% of the company’s stock are sold short. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 86,275 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On SPDR Bloomberg International Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the second quarter valued at approximately $111,257,000. Farther Finance Advisors LLC bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the 3rd quarter worth $32,715,000. Lifestyle Asset Management Inc. acquired a new position in SPDR Bloomberg International Corporate Bond ETF in the 3rd quarter valued at $14,752,000. Redhawk Wealth Advisors Inc. bought a new position in SPDR Bloomberg International Corporate Bond ETF in the 2nd quarter worth $11,239,000. Finally, NewSquare Capital LLC acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth $7,686,000.

SPDR Bloomberg International Corporate Bond ETF Stock Down 0.3%

Shares of IBND stock traded down $0.08 on Thursday, hitting $31.90. The company’s stock had a trading volume of 70,631 shares, compared to its average volume of 76,673. SPDR Bloomberg International Corporate Bond ETF has a fifty-two week low of $27.87 and a fifty-two week high of $32.89. The firm’s fifty day moving average price is $31.94 and its 200-day moving average price is $32.06.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.