SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Up 38.9% in March

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,157,118 shares, a growth of 38.9% from the February 26th total of 1,552,741 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 1,348,854 shares, the days-to-cover ratio is currently 1.6 days.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

Shares of NYSEARCA SPTS traded up $0.04 during midday trading on Friday, hitting $29.10. The company’s stock had a trading volume of 2,511,175 shares, compared to its average volume of 1,809,661. The stock has a fifty day moving average price of $29.25 and a 200 day moving average price of $29.28. SPDR Portfolio Short Term Treasury ETF has a one year low of $29.05 and a one year high of $29.40. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of -64.71 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.084 dividend. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, March 2nd. SPDR Portfolio Short Term Treasury ETF’s payout ratio is currently -255.71%.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Several institutional investors have recently made changes to their positions in SPTS. Nemes Rush Group LLC increased its stake in SPDR Portfolio Short Term Treasury ETF by 4.1% in the third quarter. Nemes Rush Group LLC now owns 8,773 shares of the company’s stock valued at $257,000 after acquiring an additional 342 shares during the last quarter. 1620 Investment Advisors Inc. lifted its stake in SPDR Portfolio Short Term Treasury ETF by 0.3% during the fourth quarter. 1620 Investment Advisors Inc. now owns 105,913 shares of the company’s stock worth $3,101,000 after purchasing an additional 368 shares during the last quarter. Clearstead Advisors LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 6.3% in the 3rd quarter. Parallel Advisors LLC now owns 7,676 shares of the company’s stock worth $225,000 after purchasing an additional 457 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 8.1% during the 4th quarter. Venturi Wealth Management LLC now owns 7,746 shares of the company’s stock valued at $227,000 after purchasing an additional 579 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Company Profile

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.