SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Stock Short Interest Jumps 61.3%

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,066 shares, an increase of 61.3% from the August 31st total of 661 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 100,177 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. BIP Wealth LLC grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.7% in the first quarter. BIP Wealth LLC now owns 588,178 shares of the company’s stock valued at $23,821,000 after purchasing an additional 21,195 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.5% during the 1st quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock valued at $11,245,000 after purchasing an additional 16,998 shares during the last quarter. Norris Financial Group LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter worth $4,305,000. Kraft Davis & Associates LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter worth $4,228,000. Finally, Barnes Wealth Management Group Inc lifted its stake in SPDR SSgA Ultra Short Term Bond ETF by 3.2% in the fourth quarter. Barnes Wealth Management Group Inc now owns 50,431 shares of the company’s stock worth $2,043,000 after purchasing an additional 1,553 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.0%

Shares of SPDR SSgA Ultra Short Term Bond ETF stock traded up $0.01 on Wednesday, reaching $40.25. 65,107 shares of the company traded hands, compared to its average volume of 106,186. The company has a 50 day moving average of $40.32 and a 200 day moving average of $40.37. SPDR SSgA Ultra Short Term Bond ETF has a 52 week low of $40.20 and a 52 week high of $40.72.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.