SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Stock Short Interest Declines 81.0%

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 4,425 shares, a drop of 81.0% from the August 31st total of 23,279 shares. Based on an average daily volume of 40,270 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR Portfolio Treasury ETF

Several large investors have recently modified their holdings of the business. Sei Investments Co. acquired a new position in shares of SPDR Portfolio Treasury ETF during the first quarter worth $2,061,000. Schwallier Wealth Management LLC bought a new stake in shares of SPDR Portfolio Treasury ETF in the first quarter worth $620,000. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Treasury ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock valued at $44,636,000 after purchasing an additional 19,974 shares during the period. Finally, Citadel Advisors LLC raised its position in SPDR Portfolio Treasury ETF by 10.4% during the 2nd quarter. Citadel Advisors LLC now owns 105,239 shares of the company’s stock worth $3,163,000 after purchasing an additional 9,885 shares during the last quarter.

SPDR Portfolio Treasury ETF Stock Performance

Shares of SPDR Portfolio Treasury ETF stock traded up $0.05 on Friday, hitting $28.99. The stock had a trading volume of 360,627 shares, compared to its average volume of 124,654. The stock has a 50 day moving average of $29.51 and a 200 day moving average of $29.88. SPDR Portfolio Treasury ETF has a twelve month low of $28.90 and a twelve month high of $30.96.

About SPDR Portfolio Treasury ETF

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.