SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Short Interest Down 70.3% in December

SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 188,430 shares, a decline of 70.3% from the November 30th total of 634,873 shares. Based on an average trading volume of 2,302,917 shares, the short-interest ratio is presently 0.1 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 2,302,917 shares, the short-interest ratio is presently 0.1 days.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

Shares of SPLB traded down $0.02 during trading hours on Friday, hitting $22.72. The company’s stock had a trading volume of 970,913 shares, compared to its average volume of 2,748,077. The business has a 50 day simple moving average of $22.94 and a two-hundred day simple moving average of $22.74. SPDR Portfolio Long Term Corporate Bond ETF has a 52-week low of $21.01 and a 52-week high of $23.59.

Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 10.6% during the second quarter. Bank of New York Mellon Corp now owns 310,914 shares of the company’s stock worth $7,017,000 after purchasing an additional 29,922 shares in the last quarter. Aspetuck Financial Management LLC raised its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 5.6% during the 2nd quarter. Aspetuck Financial Management LLC now owns 121,648 shares of the company’s stock valued at $2,746,000 after buying an additional 6,500 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 18.7% during the 2nd quarter. Cetera Investment Advisers now owns 128,289 shares of the company’s stock worth $2,895,000 after acquiring an additional 20,205 shares during the last quarter. Raleigh Capital Management Inc. grew its position in SPDR Portfolio Long Term Corporate Bond ETF by 12.0% in the second quarter. Raleigh Capital Management Inc. now owns 95,032 shares of the company’s stock worth $2,145,000 after acquiring an additional 10,203 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in SPDR Portfolio Long Term Corporate Bond ETF by 10.6% during the second quarter. Farther Finance Advisors LLC now owns 7,621 shares of the company’s stock valued at $172,000 after purchasing an additional 729 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Company Profile

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks an index of investment-grade, fixed-rate, taxable US corporate bonds with a remaining maturity of at least 10 years. SPLB was launched on Mar 10, 2009 and is managed by State Street.