SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Sees Large Growth in Short Interest

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 10,611 shares, a growth of 139.8% from the September 15th total of 4,425 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 100,480 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On SPDR Portfolio Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of SPTB. Schwallier Wealth Management LLC acquired a new position in SPDR Portfolio Treasury ETF in the 1st quarter valued at $620,000. Sei Investments Co. purchased a new position in SPDR Portfolio Treasury ETF in the 1st quarter worth approximately $2,061,000. Citadel Advisors LLC grew its holdings in SPDR Portfolio Treasury ETF by 10.4% in the 2nd quarter. Citadel Advisors LLC now owns 105,239 shares of the company’s stock valued at $3,163,000 after buying an additional 9,885 shares in the last quarter. Integrated Capital Management Inc. purchased a new stake in shares of SPDR Portfolio Treasury ETF in the third quarter valued at about $3,722,000. Finally, Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio Treasury ETF by 1.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock valued at $44,636,000 after buying an additional 19,974 shares during the period.

SPDR Portfolio Treasury ETF Stock Up 0.1%

Shares of SPTB opened at $28.92 on Thursday. The business’s 50-day moving average is $29.29 and its two-hundred day moving average is $29.74. SPDR Portfolio Treasury ETF has a fifty-two week low of $28.63 and a fifty-two week high of $30.96.

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.