Short Interest in SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Rises By 615.9%

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 128,392 shares, an increase of 615.9% from the December 31st total of 17,935 shares. Based on an average trading volume of 143,761 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.1% of the company’s shares are short sold. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 143,761 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On SPDR Bloomberg Short Term International Treasury Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BWZ. Allworth Financial LP bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the third quarter worth approximately $51,000. Inlight Wealth Management LLC purchased a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the second quarter valued at about $90,000. Raymond James Financial Inc. bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the second quarter worth about $92,000. Heartwood Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF during the 3rd quarter worth approximately $174,000. Finally, Janney Montgomery Scott LLC purchased a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the second quarter worth $211,000.

SPDR Bloomberg Short Term International Treasury Bond ETF Price Performance

Shares of BWZ stock traded up $0.03 during trading hours on Thursday, reaching $28.18. 70,215 shares of the stock were exchanged, compared to its average volume of 116,359. SPDR Bloomberg Short Term International Treasury Bond ETF has a 12-month low of $25.30 and a 12-month high of $29.24. The company’s 50-day moving average price is $27.34 and its 200-day moving average price is $27.49.

SPDR Bloomberg Short Term International Treasury Bond ETF Company Profile

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.