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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 1,548,347 shares, an increase of 113.6% from the July 30th total of 724,734 shares. Based on an average trading volume of 1,166,519 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.7% of the shares of the stock are short sold.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.1%

Shares of NYSEARCA SPTS traded down $0.04 during trading on Friday, hitting $28.93. The company had a trading volume of 3,185,639 shares, compared to its average volume of 1,846,500. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.87 and a fifty-two week high of $29.40. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of -64.33 and a beta of 0.05. The stock has a fifty day simple moving average of $28.95 and a two-hundred day simple moving average of $29.06.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 103.6% in the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock valued at $25,000 after buying an additional 426 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC acquired a new position in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at about $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at about $27,000. Finally, Manchester Capital Management LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $36,000.

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.