SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Shares Shorted: Short Interest Down 96.9% in October

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 1,739 shares, a decline of 96.9% from the October 15th total of 56,991 shares. Based on an average trading volume of 107,120 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the 1st quarter valued at about $26,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the second quarter worth approximately $213,000. Fiduciary Financial Group LLC acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the second quarter worth approximately $234,000. Tennessee Valley Asset Management Partners boosted its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 12.5% during the third quarter. Tennessee Valley Asset Management Partners now owns 9,072 shares of the company’s stock worth $271,000 after purchasing an additional 1,008 shares during the period. Finally, Drive Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the third quarter worth approximately $279,000.

SPDR Bloomberg International Corporate Bond ETF Trading Down 0.8%

SPDR Bloomberg International Corporate Bond ETF stock traded down $0.25 during midday trading on Tuesday, reaching $29.70. The stock had a trading volume of 118,709 shares, compared to its average volume of 107,205. The firm’s fifty day simple moving average is $30.01 and its two-hundred day simple moving average is $31.14. SPDR Bloomberg International Corporate Bond ETF has a twelve month low of $29.38 and a twelve month high of $33.20.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.