SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) Sees Large Drop in Short Interest

SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 15,721 shares, a decrease of 44.2% from the September 15th total of 28,169 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 81,238 shares, the days-to-cover ratio is currently 0.2 days.

SPDR SSGA Fixed Income Sector Rotation ETF Price Performance

FISR stock remained flat at $24.67 during midday trading on Friday. The company had a trading volume of 53,273 shares, compared to its average volume of 182,567. The stock’s 50 day simple moving average is $24.90 and its 200-day simple moving average is $25.31. SPDR SSGA Fixed Income Sector Rotation ETF has a 52-week low of $24.26 and a 52-week high of $26.38.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in SPDR SSGA Fixed Income Sector Rotation ETF stock. Farther Finance Advisors LLC increased its holdings in shares of SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) by 144.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,075 shares of the company’s stock after acquiring an additional 1,816 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR SSGA Fixed Income Sector Rotation ETF were worth $75,000 at the end of the most recent quarter.

About SPDR SSGA Fixed Income Sector Rotation ETF

The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.