SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 8,313,719 shares, a growth of 566.9% from the September 15th total of 1,246,655 shares. Based on an average daily volume of 14,130,135 shares, the short-interest ratio is currently 0.6 days. Approximately 1.8% of the shares of the company are sold short.
Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPTL. Cornerstone Planning Group LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 3,313.9% in the first quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock worth $32,000 after purchasing an additional 1,193 shares during the period. Geneos Wealth Management Inc. raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 212.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,155 shares of the company’s stock valued at $57,000 after purchasing an additional 1,465 shares during the period. Bell Investment Advisors Inc raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 18.6% during the 1st quarter. Bell Investment Advisors Inc now owns 2,660 shares of the company’s stock valued at $70,000 after purchasing an additional 418 shares during the period. Wellington Altus USA Inc. lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 377.5% during the 2nd quarter. Wellington Altus USA Inc. now owns 3,099 shares of the company’s stock valued at $82,000 after buying an additional 2,450 shares in the last quarter. Finally, Brown Lisle Cummings Inc. lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 256.9% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 3,301 shares of the company’s stock valued at $87,000 after buying an additional 2,376 shares in the last quarter.
SPDR Portfolio Long Term Treasury ETF Stock Performance
SPTL traded up $0.03 during midday trading on Friday, reaching $23.88. The company had a trading volume of 11,601,841 shares, compared to its average volume of 7,285,049. The business has a 50-day moving average of $24.78 and a two-hundred day moving average of $25.55. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $23.46 and a 1 year high of $27.70.
SPDR Portfolio Long Term Treasury ETF Company Profile
SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.
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