SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Update

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 27,591 shares, a growth of 594.6% from the April 30th total of 3,972 shares. Based on an average trading volume of 96,742 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of SPDR SSgA Ultra Short Term Bond ETF stock traded up $0.01 on Friday, hitting $40.49. The company’s stock had a trading volume of 29,423 shares, compared to its average volume of 137,780. SPDR SSgA Ultra Short Term Bond ETF has a 1 year low of $40.20 and a 1 year high of $40.72. The firm has a fifty day moving average price of $40.43 and a 200-day moving average price of $40.51.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ULST. Assetmark Inc. purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at approximately $31,000. Flagship Harbor Advisors LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at $36,000. Geneos Wealth Management Inc. purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter worth $37,000. Collier Financial acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth $60,000. Finally, Wells Fargo & Company MN raised its position in SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock worth $114,000 after acquiring an additional 2,805 shares during the period.

About SPDR SSgA Ultra Short Term Bond ETF

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.