SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Short Interest Up 176.1% in August

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 123,448 shares, a growth of 176.1% from the July 30th total of 44,714 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily volume of 115,843 shares, the days-to-cover ratio is currently 1.1 days.

SPDR Portfolio Treasury ETF Price Performance

Shares of NYSEARCA SPTB opened at $29.63 on Friday. The stock’s 50-day moving average is $29.77 and its 200 day moving average is $30.07. SPDR Portfolio Treasury ETF has a 1-year low of $29.55 and a 1-year high of $30.96.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Simplicity Wealth LLC boosted its position in SPDR Portfolio Treasury ETF by 3.8% during the fourth quarter. Simplicity Wealth LLC now owns 14,887 shares of the company’s stock valued at $453,000 after buying an additional 550 shares during the period. Creative Financial Designs Inc. ADV grew its stake in shares of SPDR Portfolio Treasury ETF by 279.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,366 shares of the company’s stock valued at $72,000 after buying an additional 1,742 shares during the last quarter. Truist Financial Corp increased its holdings in shares of SPDR Portfolio Treasury ETF by 2.8% in the fourth quarter. Truist Financial Corp now owns 108,480 shares of the company’s stock worth $3,301,000 after buying an additional 2,918 shares during the period. Kestra Private Wealth Services LLC increased its holdings in shares of SPDR Portfolio Treasury ETF by 2.7% in the third quarter. Kestra Private Wealth Services LLC now owns 113,345 shares of the company’s stock worth $3,470,000 after buying an additional 2,939 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of SPDR Portfolio Treasury ETF by 16.3% in the 4th quarter. Cetera Investment Advisers now owns 41,355 shares of the company’s stock valued at $1,258,000 after acquiring an additional 5,808 shares during the last quarter.

About SPDR Portfolio Treasury ETF

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.