SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Short Interest Down 51.8% in June

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 32,111 shares, a decrease of 51.8% from the May 31st total of 66,603 shares. Based on an average daily trading volume, of 39,234 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short.

SPDR Portfolio Treasury ETF Stock Performance

Shares of SPDR Portfolio Treasury ETF stock traded down $0.15 during trading on Wednesday, hitting $29.91. 13,543 shares of the stock traded hands, compared to its average volume of 110,742. The stock’s fifty day simple moving average is $30.02 and its 200 day simple moving average is $30.29. SPDR Portfolio Treasury ETF has a 52-week low of $29.68 and a 52-week high of $30.96.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Integrated Capital Management Inc. bought a new stake in shares of SPDR Portfolio Treasury ETF in the 4th quarter valued at about $6,690,000. LPL Financial LLC increased its holdings in SPDR Portfolio Treasury ETF by 1,341.5% during the fourth quarter. LPL Financial LLC now owns 101,583 shares of the company’s stock valued at $3,091,000 after buying an additional 94,536 shares during the period. MML Investors Services LLC purchased a new position in SPDR Portfolio Treasury ETF during the fourth quarter valued at approximately $2,476,000. Tower Research Capital LLC TRC raised its stake in SPDR Portfolio Treasury ETF by 713.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 85,804 shares of the company’s stock worth $2,611,000 after buying an additional 75,262 shares in the last quarter. Finally, Sei Investments Co. bought a new position in SPDR Portfolio Treasury ETF in the first quarter worth approximately $2,061,000.

About SPDR Portfolio Treasury ETF

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.