SPDR Portfolio Treasury ETF (NYSEARCA:SPTB – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 72,655 shares, an increase of 584.7% from the September 30th total of 10,611 shares. Based on an average daily volume of 114,117 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the company’s shares are short sold.
SPDR Portfolio Treasury ETF Price Performance
Shares of SPTB stock traded up $0.00 during mid-day trading on Tuesday, hitting $29.27. The stock had a trading volume of 3,326 shares, compared to its average volume of 121,107. SPDR Portfolio Treasury ETF has a 12-month low of $28.63 and a 12-month high of $30.96. The firm’s 50-day moving average is $29.22 and its two-hundred day moving average is $29.92.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in SPTB. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio Treasury ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock valued at $44,636,000 after purchasing an additional 19,974 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of SPDR Portfolio Treasury ETF in the 3rd quarter worth $24,518,000. ONE Advisory Partners LLC bought a new stake in shares of SPDR Portfolio Treasury ETF in the 3rd quarter valued at about $8,995,000. Integrated Capital Management Inc. purchased a new position in shares of SPDR Portfolio Treasury ETF in the 3rd quarter worth approximately $3,722,000. Finally, Citadel Advisors LLC raised its stake in shares of SPDR Portfolio Treasury ETF by 10.4% during the 2nd quarter. Citadel Advisors LLC now owns 105,239 shares of the company’s stock worth $3,163,000 after acquiring an additional 9,885 shares in the last quarter.
About SPDR Portfolio Treasury ETF
The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.
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