SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Decrease in Short Interest

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 704,983 shares, a decrease of 55.0% from the September 15th total of 1,565,255 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 3,577,330 shares, the days-to-cover ratio is currently 0.2 days.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

SPTS traded up $0.04 during trading on Thursday, hitting $28.70. The company’s stock had a trading volume of 2,328,384 shares, compared to its average volume of 1,952,068. The business’s fifty day simple moving average is $28.79 and its 200 day simple moving average is $28.94. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.58 and a twelve month high of $29.40. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of -63.82 and a beta of 0.05.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Several large investors have recently added to or reduced their stakes in SPTS. Proficio Capital Partners LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% during the 2nd quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock worth $202,822,000 after purchasing an additional 5,523,850 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 1st quarter worth $103,133,000. Bank of Nova Scotia grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 110.6% during the 1st quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock worth $71,276,000 after purchasing an additional 1,282,090 shares during the period. State Street Corp increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 9.0% in the 2nd quarter. State Street Corp now owns 13,899,161 shares of the company’s stock valued at $403,215,000 after purchasing an additional 1,149,612 shares in the last quarter. Finally, Independence Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1,084.0% in the 1st quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock valued at $33,615,000 after purchasing an additional 1,054,677 shares in the last quarter.

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.