SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Update

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 883,319 shares, an increase of 151.0% from the July 15th total of 351,961 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,711,315 shares, the short-interest ratio is presently 0.5 days.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB opened at $25.18 on Friday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $25.03 and a 12-month high of $26.17. The company’s 50 day moving average is $25.31 and its 200 day moving average is $25.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rossby Financial LCC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 43.5% during the fourth quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock valued at $33,000 after purchasing an additional 392 shares in the last quarter. Gould Capital LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 44.0% during the 4th quarter. Gould Capital LLC now owns 1,440 shares of the company’s stock valued at $37,000 after acquiring an additional 440 shares during the last quarter. Garrett Wealth Advisory Group LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 2.7% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 19,326 shares of the company’s stock worth $498,000 after purchasing an additional 516 shares during the last quarter. Visionary Wealth Advisors increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1.0% in the 2nd quarter. Visionary Wealth Advisors now owns 54,919 shares of the company’s stock worth $1,406,000 after buying an additional 558 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 4.2% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 14,245 shares of the company’s stock valued at $367,000 after purchasing an additional 572 shares during the last quarter.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.