SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 384,061 shares, a decrease of 57.1% from the July 30th total of 895,869 shares. Based on an average daily trading volume, of 1,126,662 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPMB traded down $0.07 during trading on Friday, reaching $21.99. 981,702 shares of the company traded hands, compared to its average volume of 1,038,980. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $21.88 and a twelve month high of $22.87. The stock has a 50-day simple moving average of $22.09 and a 200-day simple moving average of $22.28.

Institutional Trading of SPDR Portfolio Mortgage Backed Bond ETF

Several institutional investors have recently added to or reduced their stakes in SPMB. TMB Capital Partners LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth approximately $964,000. Leicht Financial Planning & Wealth Management Inc. grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.5% during the fourth quarter. Leicht Financial Planning & Wealth Management Inc. now owns 916,454 shares of the company’s stock worth $20,542,000 after purchasing an additional 64,163 shares during the last quarter. CacheTech Inc. increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 29.1% during the first quarter. CacheTech Inc. now owns 106,495 shares of the company’s stock worth $2,384,000 after purchasing an additional 24,020 shares in the last quarter. 93 Financial Group LLC acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth about $16,956,000. Finally, LPL Financial LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the 4th quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after purchasing an additional 1,974,582 shares during the last quarter.

About SPDR Portfolio Mortgage Backed Bond ETF

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.