Short Interest in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Increases By 403.5%

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,281,372 shares, an increase of 403.5% from the December 31st total of 254,503 shares. Based on an average daily volume of 5,370,266 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 5,370,266 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp grew its holdings in SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after acquiring an additional 12,031,034 shares during the last quarter. CWM LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 7.0% during the fourth quarter. CWM LLC now owns 18,193,758 shares of the company’s stock valued at $468,489,000 after purchasing an additional 1,197,111 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 7.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 15,211,308 shares of the company’s stock worth $391,691,000 after acquiring an additional 1,045,991 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 5.1% in the 3rd quarter. Cerity Partners LLC now owns 11,074,917 shares of the company’s stock worth $286,287,000 after purchasing an additional 541,686 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 1.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 7,081,541 shares of the company’s stock valued at $182,350,000 after buying an additional 108,031 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.0%

NYSEARCA SPAB traded up $0.01 during trading on Thursday, hitting $25.82. 2,450,085 shares of the company’s stock were exchanged, compared to its average volume of 3,910,473. The stock’s 50 day moving average price is $25.82 and its two-hundred day moving average price is $25.77. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.16.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.