Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) Sees Significant Drop in Short Interest

Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,965 shares, a decline of 44.8% from the July 30th total of 3,559 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 4,674 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Global X Short-Term Treasury Ladder ETF

A hedge fund recently raised its stake in Global X Short-Term Treasury Ladder ETF stock. Pacific Sage Partners LLC lifted its holdings in Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) by 8.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 344,074 shares of the company’s stock after purchasing an additional 27,228 shares during the quarter. Global X Short-Term Treasury Ladder ETF accounts for approximately 2.7% of Pacific Sage Partners LLC’s holdings, making the stock its 9th largest position. Pacific Sage Partners LLC owned approximately 43.55% of Global X Short-Term Treasury Ladder ETF worth $17,212,000 as of its most recent SEC filing.

Global X Short-Term Treasury Ladder ETF Stock Performance

Shares of NYSEARCA SLDR traded down $0.07 during midday trading on Friday, hitting $49.67. 15 shares of the company’s stock were exchanged, compared to its average volume of 8,770. The stock’s 50 day moving average price is $49.68 and its 200-day moving average price is $49.87. Global X Short-Term Treasury Ladder ETF has a twelve month low of $49.50 and a twelve month high of $50.68.

Global X Short-Term Treasury Ladder ETF Company Profile

The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.