SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Down 67.0% in June

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 856,864 shares, a decline of 67.0% from the May 31st total of 2,593,832 shares. Based on an average trading volume of 5,402,371 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.1%

SPDR Portfolio Long Term Treasury ETF stock traded up $0.03 during trading hours on Friday, hitting $26.49. 3,491,695 shares of the company traded hands, compared to its average volume of 6,939,599. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.20 and a 1-year high of $27.70. The firm’s 50-day simple moving average is $26.02 and its two-hundred day simple moving average is $26.39.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPTL. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 36.3% during the 1st quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock worth $660,000 after acquiring an additional 6,448 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the second quarter valued at $326,000. Diversify Advisory Services LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 43.3% in the 2nd quarter. Diversify Advisory Services LLC now owns 22,179 shares of the company’s stock valued at $582,000 after purchasing an additional 6,698 shares during the period. Jane Street Group LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 1,425.7% in the 2nd quarter. Jane Street Group LLC now owns 141,893 shares of the company’s stock valued at $3,772,000 after purchasing an additional 132,593 shares during the period. Finally, Strategic Wealth Investment Group LLC increased its stake in SPDR Portfolio Long Term Treasury ETF by 15.6% in the 2nd quarter. Strategic Wealth Investment Group LLC now owns 92,773 shares of the company’s stock worth $2,466,000 after purchasing an additional 12,545 shares in the last quarter.

About SPDR Portfolio Long Term Treasury ETF

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.