SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Shares Shorted: Short Interest Up 121.1% in September

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,246,655 shares, a growth of 121.1% from the August 31st total of 563,920 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 6,264,031 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL traded down $0.20 during midday trading on Monday, hitting $24.06. 15,539,391 shares of the stock traded hands, compared to its average volume of 6,703,300. The business’s 50 day moving average price is $25.06 and its two-hundred day moving average price is $25.71. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $23.95 and a 1-year high of $27.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of SPDR Portfolio Long Term Treasury ETF by 8.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,870,472 shares of the company’s stock valued at $49,058,000 after purchasing an additional 149,337 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock valued at $311,543,000 after buying an additional 935,837 shares during the last quarter. State Street Corp boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 13.0% during the second quarter. State Street Corp now owns 77,418,976 shares of the company’s stock worth $2,030,700,000 after buying an additional 8,901,340 shares during the period. Wellington Altus USA Inc. boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 377.5% during the second quarter. Wellington Altus USA Inc. now owns 3,099 shares of the company’s stock worth $82,000 after buying an additional 2,450 shares during the period. Finally, Tortoise Investment Management LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF by 4.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 69,051 shares of the company’s stock worth $1,811,000 after buying an additional 2,899 shares in the last quarter.

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.