SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Short Interest Down 80.6% in May

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,767 shares, a drop of 80.6% from the May 14th total of 9,105 shares. Based on an average daily volume of 36,787 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

SPDR Bloomberg Short Term International Treasury Bond ETF Price Performance

BWZ stock traded down $0.06 during trading on Wednesday, hitting $26.88. 26,770 shares of the company’s stock traded hands, compared to its average volume of 91,472. SPDR Bloomberg Short Term International Treasury Bond ETF has a 52 week low of $26.69 and a 52 week high of $29.24. The business has a fifty day simple moving average of $27.19 and a 200 day simple moving average of $27.33.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allworth Financial LP bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF during the third quarter valued at $51,000. Raymond James Financial Inc. bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF during the second quarter valued at $92,000. Fifth Third Bancorp bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF during the first quarter valued at $145,000. LFA Lugano Financial Advisors SA increased its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 12.6% during the first quarter. LFA Lugano Financial Advisors SA now owns 7,271 shares of the company’s stock valued at $195,000 after acquiring an additional 814 shares during the last quarter. Finally, One Plus One Wealth Management LLC bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF during the fourth quarter valued at $266,000.

About SPDR Bloomberg Short Term International Treasury Bond ETF

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.