SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Large Growth in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 61,403 shares, a growth of 8,735.0% from the June 15th total of 695 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 208,347 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Bloomberg Short Term International Treasury Bond ETF Trading Up 0.3%

Shares of NYSEARCA BWZ traded up $0.09 during mid-day trading on Friday, hitting $26.82. The company had a trading volume of 17,753 shares, compared to its average volume of 101,754. SPDR Bloomberg Short Term International Treasury Bond ETF has a 12 month low of $26.56 and a 12 month high of $28.26. The firm’s 50 day simple moving average is $27.02 and its two-hundred day simple moving average is $27.27.

Institutional Investors Weigh In On SPDR Bloomberg Short Term International Treasury Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BWZ. RMG Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF during the first quarter valued at $76,643,000. Osaic Holdings Inc. increased its holdings in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 2.2% in the 4th quarter. Osaic Holdings Inc. now owns 1,241,128 shares of the company’s stock worth $34,019,000 after acquiring an additional 26,196 shares during the period. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Bloomberg Short Term International Treasury Bond ETF in the 4th quarter valued at about $27,526,000. Financial Management Professionals Inc. lifted its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 6.8% in the 4th quarter. Financial Management Professionals Inc. now owns 864,501 shares of the company’s stock valued at $23,696,000 after purchasing an additional 54,938 shares during the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 7.8% in the 1st quarter. Checchi Capital Advisers LLC now owns 640,878 shares of the company’s stock valued at $17,252,000 after purchasing an additional 46,523 shares during the last quarter.

SPDR Bloomberg Short Term International Treasury Bond ETF Company Profile

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.