Short Interest in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Expands By 92.3%

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,058,283 shares, an increase of 92.3% from the July 30th total of 1,070,551 shares. Based on an average trading volume of 1,760,405 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s shares are sold short.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.1%

Shares of SPDR Portfolio Intermediate Term Treasury ETF stock traded down $0.03 on Monday, hitting $28.01. 1,672,731 shares of the company’s stock traded hands, compared to its average volume of 2,452,717. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $28.00 and a one year high of $29.24. The company has a fifty day moving average of $28.17 and a two-hundred day moving average of $28.45.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Elyxium Wealth LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter valued at $27,000. Elevated Capital Advisors LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter worth $37,000. Franklin Resources Inc. grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares during the period. Smartleaf Asset Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the second quarter worth $42,000. Finally, Tower Research Capital LLC TRC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the second quarter worth $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.