Short Interest in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Increases By 163.1%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,593,832 shares, a growth of 163.1% from the May 14th total of 985,763 shares. Based on an average daily trading volume, of 8,101,937 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Assetmark Inc. lifted its position in SPDR Portfolio Long Term Treasury ETF by 0.7% during the third quarter. Assetmark Inc. now owns 4,807,100 shares of the company’s stock valued at $129,551,000 after purchasing an additional 32,556 shares during the period. Roberts Financial Services LLC lifted its position in SPDR Portfolio Long Term Treasury ETF by 3.8% during the fourth quarter. Roberts Financial Services LLC now owns 524,738 shares of the company’s stock valued at $13,890,000 after purchasing an additional 19,233 shares during the period. Balboa Wealth Partners bought a new position in SPDR Portfolio Long Term Treasury ETF during the fourth quarter valued at approximately $679,000. Impact Investors Inc lifted its position in SPDR Portfolio Long Term Treasury ETF by 14.8% during the fourth quarter. Impact Investors Inc now owns 472,247 shares of the company’s stock valued at $12,500,000 after purchasing an additional 60,909 shares during the period. Finally, Aspire Private Capital LLC lifted its position in SPDR Portfolio Long Term Treasury ETF by 1,035.5% during the fourth quarter. Aspire Private Capital LLC now owns 234,083 shares of the company’s stock valued at $6,196,000 after purchasing an additional 213,468 shares during the period.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of NYSEARCA SPTL traded down $0.08 during midday trading on Friday, hitting $26.02. 5,172,771 shares of the company traded hands, compared to its average volume of 7,144,617. SPDR Portfolio Long Term Treasury ETF has a 12-month low of $25.20 and a 12-month high of $27.70. The stock has a 50-day moving average price of $26.03 and a 200 day moving average price of $26.44.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.