SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Sees Significant Increase in Short Interest

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 225,264 shares, an increase of 267.3% from the November 30th total of 61,329 shares. Based on an average daily trading volume, of 82,210 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.7% of the shares of the company are sold short. Approximately 1.7% of the shares of the company are sold short. Based on an average daily trading volume, of 82,210 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Allworth Financial LP raised its position in shares of SPDR Bloomberg International Corporate Bond ETF by 67,000.0% in the second quarter. Allworth Financial LP now owns 1,342 shares of the company’s stock valued at $44,000 after buying an additional 1,340 shares in the last quarter. Jones Financial Companies Lllp increased its stake in SPDR Bloomberg International Corporate Bond ETF by 97.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,655 shares of the company’s stock worth $53,000 after acquiring an additional 815 shares during the period. IFP Advisors Inc increased its stake in SPDR Bloomberg International Corporate Bond ETF by 7,405.6% during the 2nd quarter. IFP Advisors Inc now owns 2,702 shares of the company’s stock worth $88,000 after acquiring an additional 2,666 shares during the period. AdvisorNet Financial Inc raised its holdings in SPDR Bloomberg International Corporate Bond ETF by 79.4% in the 3rd quarter. AdvisorNet Financial Inc now owns 3,920 shares of the company’s stock valued at $127,000 after acquiring an additional 1,735 shares in the last quarter. Finally, TSA Wealth Managment LLC bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter valued at $205,000.

SPDR Bloomberg International Corporate Bond ETF Stock Performance

Shares of SPDR Bloomberg International Corporate Bond ETF stock remained flat at $32.15 during trading on Friday. 38,513 shares of the stock were exchanged, compared to its average volume of 131,183. The firm’s 50 day moving average price is $31.90 and its 200-day moving average price is $32.04. SPDR Bloomberg International Corporate Bond ETF has a 52 week low of $27.69 and a 52 week high of $32.89.

About SPDR Bloomberg International Corporate Bond ETF

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.