Short Interest in SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Decreases By 81.1%

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 23,279 shares, a drop of 81.1% from the August 15th total of 123,448 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 582,800 shares, the days-to-cover ratio is presently 0.0 days.

SPDR Portfolio Treasury ETF Stock Performance

SPDR Portfolio Treasury ETF stock traded down $0.04 during trading hours on Friday, reaching $29.20. The stock had a trading volume of 95,046 shares, compared to its average volume of 127,171. The business’s 50 day moving average price is $29.65 and its 200-day moving average price is $29.99. SPDR Portfolio Treasury ETF has a 52 week low of $29.20 and a 52 week high of $30.96.

Hedge Funds Weigh In On SPDR Portfolio Treasury ETF

A number of institutional investors have recently modified their holdings of the stock. Schwallier Wealth Management LLC purchased a new position in shares of SPDR Portfolio Treasury ETF in the 1st quarter valued at about $620,000. Sei Investments Co. acquired a new position in SPDR Portfolio Treasury ETF in the 1st quarter valued at $2,061,000. Creative Financial Designs Inc. ADV raised its position in shares of SPDR Portfolio Treasury ETF by 279.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,366 shares of the company’s stock valued at $72,000 after buying an additional 1,742 shares during the last quarter. LPL Financial LLC lifted its stake in SPDR Portfolio Treasury ETF by 1,341.5% in the 4th quarter. LPL Financial LLC now owns 101,583 shares of the company’s stock worth $3,091,000 after purchasing an additional 94,536 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in SPDR Portfolio Treasury ETF by 713.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 85,804 shares of the company’s stock worth $2,611,000 after buying an additional 75,262 shares in the last quarter.

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.