SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Short Interest Update

SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 327,766 shares, an increase of 73.9% from the December 15th total of 188,430 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 1,578,488 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 1,578,488 shares, the short-interest ratio is currently 0.2 days. Approximately 0.7% of the company’s shares are short sold.

SPDR Portfolio Long Term Corporate Bond ETF Stock Down 0.3%

SPDR Portfolio Long Term Corporate Bond ETF stock traded down $0.08 during mid-day trading on Friday, reaching $22.79. 3,029,925 shares of the company were exchanged, compared to its average volume of 3,732,587. SPDR Portfolio Long Term Corporate Bond ETF has a 12-month low of $21.01 and a 12-month high of $23.59. The business has a fifty day moving average of $22.78 and a 200 day moving average of $22.79.

Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF

A number of institutional investors have recently modified their holdings of SPLB. Transce3nd LLC lifted its position in SPDR Portfolio Long Term Corporate Bond ETF by 68.6% during the second quarter. Transce3nd LLC now owns 1,214 shares of the company’s stock valued at $27,000 after acquiring an additional 494 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 3rd quarter valued at $29,000. Smartleaf Asset Management LLC boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 91.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock worth $53,000 after purchasing an additional 1,134 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in SPDR Portfolio Long Term Corporate Bond ETF by 36.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,617 shares of the company’s stock worth $59,000 after buying an additional 703 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the third quarter valued at about $84,000.

About SPDR Portfolio Long Term Corporate Bond ETF

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks an index of investment-grade, fixed-rate, taxable US corporate bonds with a remaining maturity of at least 10 years. SPLB was launched on Mar 10, 2009 and is managed by State Street.