SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Significant Growth in Short Interest

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,066 shares, a growth of 61.3% from the August 31st total of 661 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 100,177 shares, the short-interest ratio is presently 0.0 days.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.3%

Shares of NYSEARCA ULST opened at $40.13 on Friday. SPDR SSgA Ultra Short Term Bond ETF has a 1-year low of $40.11 and a 1-year high of $40.72. The business’s fifty day moving average price is $40.31 and its two-hundred day moving average price is $40.37.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trilogy Capital Inc. increased its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.1% during the 1st quarter. Trilogy Capital Inc. now owns 10,080 shares of the company’s stock worth $408,000 after purchasing an additional 400 shares during the last quarter. Continuum Advisory LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the second quarter valued at $45,000. CGN Advisors LLC boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 4.5% during the 2nd quarter. CGN Advisors LLC now owns 32,562 shares of the company’s stock valued at $1,316,000 after acquiring an additional 1,403 shares in the last quarter. Barnes Wealth Management Group Inc raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.2% in the 4th quarter. Barnes Wealth Management Group Inc now owns 50,431 shares of the company’s stock worth $2,043,000 after buying an additional 1,553 shares in the last quarter. Finally, Elmwood Wealth Management Inc. boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.9% in the 2nd quarter. Elmwood Wealth Management Inc. now owns 49,849 shares of the company’s stock valued at $2,015,000 after purchasing an additional 1,883 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.