Short Interest in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Declines By 47.8%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 595,894 shares, a decrease of 47.8% from the December 31st total of 1,142,264 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,721,702 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 7,721,702 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

SPDR Portfolio Long Term Treasury ETF Price Performance

SPTL traded down $0.11 on Friday, hitting $26.44. The company had a trading volume of 6,824,456 shares, compared to its average volume of 7,217,103. The stock has a fifty day moving average price of $26.66 and a 200-day moving average price of $26.71. SPDR Portfolio Long Term Treasury ETF has a 12-month low of $25.17 and a 12-month high of $28.14.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SPTL. AQR Capital Management LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 36.3% during the first quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock worth $660,000 after purchasing an additional 6,448 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in SPDR Portfolio Long Term Treasury ETF by 6.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,724,257 shares of the company’s stock worth $178,731,000 after buying an additional 435,453 shares during the last quarter. 25 LLC increased its position in SPDR Portfolio Long Term Treasury ETF by 1.2% during the 2nd quarter. 25 LLC now owns 67,492 shares of the company’s stock valued at $1,794,000 after buying an additional 833 shares in the last quarter. Ascent Group LLC raised its stake in SPDR Portfolio Long Term Treasury ETF by 85.7% in the second quarter. Ascent Group LLC now owns 1,026,965 shares of the company’s stock valued at $27,297,000 after buying an additional 473,882 shares during the last quarter. Finally, Impact Investors Inc raised its stake in SPDR Portfolio Long Term Treasury ETF by 10.7% in the second quarter. Impact Investors Inc now owns 688,286 shares of the company’s stock valued at $18,295,000 after buying an additional 66,623 shares during the last quarter.

About SPDR Portfolio Long Term Treasury ETF

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.