SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) Sees Significant Decline in Short Interest

Posted by Donna Armstrong on May 19th, 2026

SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 249,508 shares, a drop of 37.8% from the April 15th total of 401,341 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 738,231 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of SPDR Portfolio Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR Portfolio Corporate Bond ETF by 82.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 881 shares of the company’s stock valued at $26,000 after purchasing an additional 398 shares during the period. SHP Wealth Management acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the fourth quarter valued at about $38,000. Creative Capital Management Investments LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the first quarter valued at about $39,000. Advisory Services Network LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the third quarter valued at about $49,000. Finally, Eastern Bank acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the fourth quarter valued at about $53,000.

SPDR Portfolio Corporate Bond ETF Stock Down 0.5%

SPBO stock traded down $0.13 during midday trading on Tuesday, hitting $28.60. 363,881 shares of the stock traded hands, compared to its average volume of 655,341. The stock’s fifty day simple moving average is $29.04 and its 200-day simple moving average is $29.32. SPDR Portfolio Corporate Bond ETF has a 1-year low of $28.28 and a 1-year high of $29.93.

About SPDR Portfolio Corporate Bond ETF

(Get Free Report)

The SPDR Portfolio Corporate Bond ETF (SPBO) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund tracks an index of investment-grade US corporate bonds weighted in tiers by market value and issuer fundamentals. SPBO was launched on Apr 6, 2011 and is managed by State Street.