SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Short Interest Down 59.2% in July

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 24,899 shares, a decline of 59.2% from the July 15th total of 60,970 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 62,577 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On SPDR Bloomberg International Corporate Bond ETF

Several hedge funds have recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in SPDR Bloomberg International Corporate Bond ETF in the first quarter worth $26,000. Creative Financial Designs Inc. ADV bought a new position in SPDR Bloomberg International Corporate Bond ETF during the fourth quarter valued at about $39,000. Kestra Advisory Services LLC purchased a new stake in SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth about $41,000. Triumph Capital Management bought a new stake in SPDR Bloomberg International Corporate Bond ETF in the fourth quarter worth about $58,000. Finally, Jones Financial Companies Lllp boosted its stake in SPDR Bloomberg International Corporate Bond ETF by 68.5% in the first quarter. Jones Financial Companies Lllp now owns 2,282 shares of the company’s stock valued at $67,000 after acquiring an additional 928 shares during the last quarter.

SPDR Bloomberg International Corporate Bond ETF Price Performance

Shares of IBND opened at $31.16 on Monday. SPDR Bloomberg International Corporate Bond ETF has a 52 week low of $30.55 and a 52 week high of $33.20. The stock has a 50 day moving average price of $31.07 and a two-hundred day moving average price of $31.53.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.