SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Update

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 724,734 shares, a decline of 35.8% from the July 15th total of 1,129,686 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 819,323 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Large investors have recently modified their holdings of the stock. Dagco Inc. increased its stake in SPDR Portfolio Short Term Treasury ETF by 6.0% in the 2nd quarter. Dagco Inc. now owns 1,838,753 shares of the company’s stock valued at $53,342,000 after buying an additional 104,178 shares during the period. Fiduciary Financial Group LLC increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 55.4% during the second quarter. Fiduciary Financial Group LLC now owns 74,173 shares of the company’s stock worth $2,152,000 after acquiring an additional 26,428 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 2.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 52,985 shares of the company’s stock worth $1,537,000 after purchasing an additional 1,443 shares in the last quarter. Paladin Wealth LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 11.2% during the second quarter. Paladin Wealth LLC now owns 25,896 shares of the company’s stock worth $751,000 after purchasing an additional 2,604 shares in the last quarter. Finally, Tactive Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 2.0% in the second quarter. Tactive Advisors LLC now owns 65,413 shares of the company’s stock valued at $1,898,000 after purchasing an additional 1,269 shares during the period.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPTS remained flat at $28.97 during mid-day trading on Tuesday. 428,896 shares of the stock traded hands, compared to its average volume of 1,622,237. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.87 and a twelve month high of $29.40. The company has a fifty day simple moving average of $28.95 and a 200 day simple moving average of $29.08. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of -64.42 and a beta of 0.05.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.