SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Down 41.4% in May

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 824,769 shares, a decrease of 41.4% from the April 30th total of 1,407,695 shares. Based on an average daily trading volume, of 1,223,429 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SPTS. Addison Advisors LLC grew its stake in SPDR Portfolio Short Term Treasury ETF by 450.0% in the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after buying an additional 702 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after buying an additional 426 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $25,000. Private Wealth Asset Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $26,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $27,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS opened at $28.95 on Thursday. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.94 and a 52 week high of $29.40. The firm has a market cap of $6.01 billion, a P/E ratio of -64.37 and a beta of 0.05. The firm’s 50-day simple moving average is $29.08 and its 200 day simple moving average is $29.21.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.