Short Interest in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Expands By 100.9%

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULSTGet Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,202 shares, an increase of 100.9% from the July 30th total of 3,585 shares. Based on an average daily trading volume, of 58,227 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ULST. Norris Financial Group LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at about $4,305,000. Kraft Davis & Associates LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth about $4,228,000. Bank of America Corp DE grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 36.3% during the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock valued at $11,130,000 after acquiring an additional 72,900 shares in the last quarter. TRUE Private Wealth Advisors purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter valued at about $2,784,000. Finally, Jane Street Group LLC grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 349.1% during the 2nd quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock valued at $3,208,000 after acquiring an additional 61,333 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of SPDR SSgA Ultra Short Term Bond ETF stock traded down $0.02 during mid-day trading on Friday, reaching $40.38. 46,133 shares of the stock traded hands, compared to its average volume of 109,729. The business has a 50-day moving average of $40.36 and a 200 day moving average of $40.42. SPDR SSgA Ultra Short Term Bond ETF has a fifty-two week low of $40.20 and a fifty-two week high of $40.72.

About SPDR SSgA Ultra Short Term Bond ETF

(Get Free Report)

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.

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