SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Update

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,129,550 shares, a decline of 32.6% from the July 30th total of 1,675,705 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 4,564,874 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.7%

NYSEARCA:SPTL traded down $0.18 during mid-day trading on Tuesday, reaching $25.01. The stock had a trading volume of 5,247,323 shares, compared to its average volume of 6,446,741. The business’s 50 day moving average is $25.52 and its 200 day moving average is $26.03. SPDR Portfolio Long Term Treasury ETF has a fifty-two week low of $24.84 and a fifty-two week high of $27.70.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 3,313.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock valued at $32,000 after purchasing an additional 1,193 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 707.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock worth $33,000 after purchasing an additional 1,090 shares in the last quarter. Howe & Rusling Inc. bought a new stake in SPDR Portfolio Long Term Treasury ETF in the fourth quarter worth $37,000. Imprint Wealth LLC acquired a new position in SPDR Portfolio Long Term Treasury ETF during the third quarter worth $45,000. Finally, Larson Financial Group LLC increased its position in SPDR Portfolio Long Term Treasury ETF by 3,492.9% during the fourth quarter. Larson Financial Group LLC now owns 2,012 shares of the company’s stock worth $53,000 after buying an additional 1,956 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.