SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Short Interest Update

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 613,200 shares, agrowthof2,566.1% from the July 31st total of 23,000 shares. Based on an average trading volume of 149,600 shares, the short-interest ratio is currently 4.1 days. Based on an average trading volume of 149,600 shares, the short-interest ratio is currently 4.1 days.

SPDR Bloomberg International Corporate Bond ETF Price Performance

Shares of SPDR Bloomberg International Corporate Bond ETF stock traded down $0.31 on Tuesday, reaching $31.80. The company had a trading volume of 445,764 shares, compared to its average volume of 131,827. The firm’s 50 day moving average price is $32.13 and its two-hundred day moving average price is $31.02. SPDR Bloomberg International Corporate Bond ETF has a 52-week low of $27.69 and a 52-week high of $32.67.

Institutional Investors Weigh In On SPDR Bloomberg International Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mainstay Capital Management LLC ADV purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the 2nd quarter valued at approximately $111,257,000. Lodestar Private Asset Management LLC grew its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 17.0% in the second quarter. Lodestar Private Asset Management LLC now owns 409,110 shares of the company’s stock valued at $13,333,000 after purchasing an additional 59,495 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth approximately $11,239,000. Leuthold Group LLC grew its holdings in SPDR Bloomberg International Corporate Bond ETF by 86.9% during the 2nd quarter. Leuthold Group LLC now owns 256,592 shares of the company’s stock worth $8,362,000 after acquiring an additional 119,314 shares in the last quarter. Finally, NewSquare Capital LLC acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth approximately $7,686,000.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States.