SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Up 721.5% in October

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 438,700 shares, a growth of 721.5% from the September 30th total of 53,400 shares. Based on an average daily trading volume, of 929,200 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 929,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On SPDR Portfolio Mortgage Backed Bond ETF

Institutional investors have recently bought and sold shares of the business. AlphaCore Capital LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the 2nd quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock worth $25,000 after buying an additional 1,000 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth $39,000. CoreCap Advisors LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 145.8% in the 3rd quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock worth $67,000 after buying an additional 1,761 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock valued at $68,000 after purchasing an additional 2,008 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 622.5% during the second quarter. PNC Financial Services Group Inc. now owns 3,757 shares of the company’s stock valued at $83,000 after purchasing an additional 3,237 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.1%

Shares of SPMB stock opened at $22.67 on Tuesday. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.20 and a 52-week high of $22.71. The stock has a fifty day simple moving average of $22.41 and a two-hundred day simple moving average of $22.04.

About SPDR Portfolio Mortgage Backed Bond ETF

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.