SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Down 72.4% in July

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULSTGet Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,585 shares, a drop of 72.4% from the July 15th total of 12,972 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 53,690 shares, the days-to-cover ratio is presently 0.1 days.

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

Several hedge funds have recently bought and sold shares of ULST. Flagship Harbor Advisors LLC acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the fourth quarter worth $36,000. Geneos Wealth Management Inc. purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth about $37,000. Wells Fargo & Company MN raised its stake in SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock valued at $114,000 after purchasing an additional 2,805 shares during the last quarter. Private Advisor Group LLC acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter valued at about $226,000. Finally, Lane Brothers & Co. Inc. acquired a new position in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at about $233,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of ULST traded up $0.01 on Friday, reaching $40.35. The stock had a trading volume of 22,389 shares, compared to its average volume of 111,704. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.20 and a twelve month high of $40.72. The firm has a 50-day moving average of $40.35 and a 200 day moving average of $40.43.

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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