Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Decreases By 59.2%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 24,899 shares, a decrease of 59.2% from the July 15th total of 60,970 shares. Based on an average trading volume of 62,577 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

SPDR Bloomberg International Corporate Bond ETF Stock Performance

IBND stock traded up $0.01 during trading on Friday, hitting $31.16. 25,207 shares of the stock traded hands, compared to its average volume of 116,622. The firm’s 50 day moving average is $31.07 and its two-hundred day moving average is $31.54. SPDR Bloomberg International Corporate Bond ETF has a 1 year low of $30.55 and a 1 year high of $33.20.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new stake in SPDR Bloomberg International Corporate Bond ETF in the first quarter worth approximately $26,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the fourth quarter worth $39,000. Kestra Advisory Services LLC purchased a new stake in SPDR Bloomberg International Corporate Bond ETF in the 4th quarter worth $41,000. Triumph Capital Management purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth about $58,000. Finally, Jones Financial Companies Lllp grew its holdings in SPDR Bloomberg International Corporate Bond ETF by 68.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,282 shares of the company’s stock valued at $67,000 after buying an additional 928 shares in the last quarter.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.