SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Stock Short Interest Jumps 192.3%

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 13,869 shares, a growth of 192.3% from the September 30th total of 4,745 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 45,285 shares, the short-interest ratio is presently 0.3 days.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth approximately $45,000. Ameritas Advisory Services LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth about $88,000. ZEGA Investments LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter worth approximately $325,000. Wisconsin Wealth Advisors LLC increased its position in SPDR SSgA Ultra Short Term Bond ETF by 12.5% during the 3rd quarter. Wisconsin Wealth Advisors LLC now owns 8,098 shares of the company’s stock worth $326,000 after purchasing an additional 902 shares in the last quarter. Finally, January Capital Advisors LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at about $361,000.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

Shares of NYSEARCA ULST traded up $0.01 during trading hours on Thursday, hitting $40.29. 28,541 shares of the stock were exchanged, compared to its average volume of 101,806. The firm has a fifty day moving average price of $40.26 and a 200-day moving average price of $40.40. SPDR SSgA Ultra Short Term Bond ETF has a 12 month low of $40.11 and a 12 month high of $40.70.

About SPDR SSgA Ultra Short Term Bond ETF

(Get Free Report)

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.

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