SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 147,539 shares, an increase of 208.0% from the July 30th total of 47,903 shares. Based on an average daily volume of 563,330 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are short sold.
SPDR SSGA Fixed Income Sector Rotation ETF Stock Down 0.2%
FISR stock traded down $0.05 on Thursday, reaching $25.31. 59,451 shares of the company traded hands, compared to its average volume of 181,545. The firm has a fifty day simple moving average of $25.37 and a 200-day simple moving average of $25.61. SPDR SSGA Fixed Income Sector Rotation ETF has a one year low of $25.10 and a one year high of $26.38.
Hedge Funds Weigh In On SPDR SSGA Fixed Income Sector Rotation ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in SPDR SSGA Fixed Income Sector Rotation ETF by 160.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $36,000 after purchasing an additional 856 shares in the last quarter. FSA Advisors Inc. bought a new stake in SPDR SSGA Fixed Income Sector Rotation ETF during the 4th quarter valued at about $396,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in SPDR SSGA Fixed Income Sector Rotation ETF by 4.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 19,025 shares of the company’s stock worth $493,000 after buying an additional 796 shares during the last quarter.
SPDR SSGA Fixed Income Sector Rotation ETF Company Profile
The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.
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