Short Interest in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Declines By 72.4%

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,585 shares, a decrease of 72.4% from the July 15th total of 12,972 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 53,690 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Institutional investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the fourth quarter valued at about $36,000. Geneos Wealth Management Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the first quarter worth about $37,000. Wells Fargo & Company MN grew its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock worth $114,000 after purchasing an additional 2,805 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the third quarter worth about $226,000. Finally, Lane Brothers & Co. Inc. bought a new stake in SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter valued at approximately $233,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of ULST stock opened at $40.34 on Thursday. SPDR SSgA Ultra Short Term Bond ETF has a one year low of $40.20 and a one year high of $40.72. The company’s fifty day moving average price is $40.35 and its 200-day moving average price is $40.44.

About SPDR SSgA Ultra Short Term Bond ETF

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.