Short Interest in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Expands By 163.1%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 2,593,832 shares, a growth of 163.1% from the May 14th total of 985,763 shares. Based on an average daily trading volume, of 8,101,937 shares, the short-interest ratio is presently 0.3 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rice Partnership LLC purchased a new position in SPDR Portfolio Long Term Treasury ETF in the 3rd quarter valued at about $26,000. Financial Consulate Inc. lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 89.7% in the 4th quarter. Financial Consulate Inc. now owns 1,216 shares of the company’s stock valued at $32,000 after purchasing an additional 575 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 3,313.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock valued at $32,000 after purchasing an additional 1,193 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 707.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock valued at $33,000 after purchasing an additional 1,090 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 174.6% in the 4th quarter. Sound Income Strategies LLC now owns 1,310 shares of the company’s stock valued at $35,000 after purchasing an additional 833 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of SPDR Portfolio Long Term Treasury ETF stock traded down $0.08 on Friday, hitting $26.02. The company’s stock had a trading volume of 5,172,771 shares, compared to its average volume of 7,144,617. SPDR Portfolio Long Term Treasury ETF has a 52-week low of $25.20 and a 52-week high of $27.70. The firm has a fifty day moving average price of $26.03 and a 200-day moving average price of $26.44.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.