SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) Short Interest Down 63.2% in May

SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 17,686 shares, a drop of 63.2% from the April 30th total of 48,012 shares. Based on an average daily volume of 242,310 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On SPDR SSGA Fixed Income Sector Rotation ETF

Several institutional investors and hedge funds have recently made changes to their positions in FISR. Creative Financial Designs Inc. ADV lifted its stake in shares of SPDR SSGA Fixed Income Sector Rotation ETF by 4.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 19,025 shares of the company’s stock worth $493,000 after acquiring an additional 796 shares during the period. FSA Advisors Inc. acquired a new stake in SPDR SSGA Fixed Income Sector Rotation ETF during the 4th quarter valued at approximately $396,000. Private Trust Co. NA raised its holdings in SPDR SSGA Fixed Income Sector Rotation ETF by 107.3% during the 4th quarter. Private Trust Co. NA now owns 1,300 shares of the company’s stock worth $34,000 after purchasing an additional 673 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in SPDR SSGA Fixed Income Sector Rotation ETF by 160.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $36,000 after purchasing an additional 856 shares during the last quarter.

SPDR SSGA Fixed Income Sector Rotation ETF Stock Performance

Shares of SPDR SSGA Fixed Income Sector Rotation ETF stock opened at $25.64 on Friday. SPDR SSGA Fixed Income Sector Rotation ETF has a one year low of $25.18 and a one year high of $26.38. The stock’s 50-day moving average is $25.63 and its 200-day moving average is $25.87.

About SPDR SSGA Fixed Income Sector Rotation ETF

The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.