SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 895,869 shares, a growth of 261.2% from the July 15th total of 248,013 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 903,169 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SPMB. Guidance Capital Inc. grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.3% in the fourth quarter. Guidance Capital Inc. now owns 45,513 shares of the company’s stock valued at $1,023,000 after purchasing an additional 565 shares during the period. HighTower Advisors LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 8.4% in the 4th quarter. HighTower Advisors LLC now owns 10,582 shares of the company’s stock valued at $237,000 after buying an additional 816 shares during the period. Alesco Advisors LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% in the 4th quarter. Alesco Advisors LLC now owns 96,070 shares of the company’s stock valued at $2,153,000 after buying an additional 1,120 shares during the period. Kingdom Financial Group LLC. acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at about $28,000. Finally, Independent Advisor Alliance increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.8% during the 4th quarter. Independent Advisor Alliance now owns 47,836 shares of the company’s stock valued at $1,072,000 after acquiring an additional 1,324 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA:SPMB traded up $0.13 during mid-day trading on Thursday, reaching $22.13. The stock had a trading volume of 138,024 shares, compared to its average volume of 1,021,625. The business has a 50 day simple moving average of $22.14 and a 200 day simple moving average of $22.32. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $21.88 and a twelve month high of $22.87.

SPDR Portfolio Mortgage Backed Bond ETF Company Profile

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.