SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Increase in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,246,655 shares, a growth of 121.1% from the August 31st total of 563,920 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 6,264,031 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Several large investors have recently modified their holdings of SPTL. State Street Corp grew its position in shares of SPDR Portfolio Long Term Treasury ETF by 13.0% during the 2nd quarter. State Street Corp now owns 77,418,976 shares of the company’s stock worth $2,030,700,000 after buying an additional 8,901,340 shares during the period. Bank of America Corp DE lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 52.0% during the 1st quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock valued at $383,975,000 after acquiring an additional 4,995,927 shares during the period. LPL Financial LLC boosted its stake in SPDR Portfolio Long Term Treasury ETF by 22.3% during the fourth quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock worth $320,560,000 after acquiring an additional 2,205,261 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 102.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,613,565 shares of the company’s stock valued at $69,181,000 after purchasing an additional 1,319,951 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock valued at $311,543,000 after purchasing an additional 935,837 shares during the period.

SPDR Portfolio Long Term Treasury ETF Stock Down 0.0%

Shares of SPDR Portfolio Long Term Treasury ETF stock traded down $0.01 on Friday, hitting $24.26. 18,889,609 shares of the company’s stock traded hands, compared to its average volume of 6,655,275. The company has a fifty day moving average of $25.09 and a two-hundred day moving average of $25.74. SPDR Portfolio Long Term Treasury ETF has a one year low of $24.10 and a one year high of $27.70.

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.