SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Large Decrease in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 142,801 shares, a drop of 82.1% from the July 30th total of 797,510 shares. Based on an average trading volume of 39,999 shares, the short-interest ratio is presently 3.6 days. Approximately 1.4% of the company’s shares are short sold.

SPDR Bloomberg Short Term International Treasury Bond ETF Stock Performance

Shares of SPDR Bloomberg Short Term International Treasury Bond ETF stock traded down $0.08 during trading on Friday, hitting $27.24. The stock had a trading volume of 142,580 shares, compared to its average volume of 95,488. The stock has a 50 day simple moving average of $26.93 and a 200 day simple moving average of $27.15. SPDR Bloomberg Short Term International Treasury Bond ETF has a 1 year low of $26.50 and a 1 year high of $28.26.

Hedge Funds Weigh In On SPDR Bloomberg Short Term International Treasury Bond ETF

Institutional investors have recently bought and sold shares of the business. Lam Group Inc. lifted its position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 20.3% during the 2nd quarter. Lam Group Inc. now owns 264,206 shares of the company’s stock worth $7,067,000 after buying an additional 44,606 shares during the last quarter. Legacy Wealth Asset Management LLC grew its holdings in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 3.0% during the second quarter. Legacy Wealth Asset Management LLC now owns 30,582 shares of the company’s stock valued at $818,000 after buying an additional 905 shares during the last quarter. NerdWallet Wealth Partners LLC grew its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 15.7% in the 2nd quarter. NerdWallet Wealth Partners LLC now owns 23,421 shares of the company’s stock worth $627,000 after purchasing an additional 3,185 shares in the last quarter. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 103.3% during the 1st quarter. Bank of America Corp DE now owns 89,287 shares of the company’s stock worth $2,404,000 after purchasing an additional 45,377 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 19.1% during the 1st quarter. Royal Bank of Canada now owns 212,871 shares of the company’s stock valued at $5,730,000 after buying an additional 34,136 shares during the last quarter.

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.