Short Interest in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Increases By 93.4%

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 2,159,478 shares, an increase of 93.4% from the May 14th total of 1,116,586 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 2,980,348 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Institutional investors have recently modified their holdings of the company. Caitlin John LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth approximately $27,000. Elyxium Wealth LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter valued at approximately $27,000. Elevated Capital Advisors LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF in the first quarter worth $37,000. Franklin Resources Inc. grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares during the last quarter. Finally, Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the third quarter worth $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.2%

Shares of NYSEARCA SPTI traded up $0.06 during mid-day trading on Tuesday, reaching $28.39. 1,596,118 shares of the company were exchanged, compared to its average volume of 2,590,052. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $28.09 and a 1 year high of $29.24. The firm has a 50-day moving average of $28.45 and a 200 day moving average of $28.71.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

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.