SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) Short Interest Update

SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 58,453 shares, an increase of 611.8% from the February 26th total of 8,212 shares. Based on an average trading volume of 233,501 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 233,501 shares, the days-to-cover ratio is presently 0.3 days.

SPDR SSGA Fixed Income Sector Rotation ETF Stock Performance

Shares of NYSEARCA:FISR traded down $0.08 during mid-day trading on Tuesday, reaching $25.56. 62,551 shares of the company were exchanged, compared to its average volume of 131,242. SPDR SSGA Fixed Income Sector Rotation ETF has a 1 year low of $25.03 and a 1 year high of $26.38. The firm’s 50-day simple moving average is $25.97 and its 200 day simple moving average is $26.03.

SPDR SSGA Fixed Income Sector Rotation ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.0846 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FISR. Private Trust Co. NA raised its holdings in shares of SPDR SSGA Fixed Income Sector Rotation ETF by 107.3% in the 4th quarter. Private Trust Co. NA now owns 1,300 shares of the company’s stock valued at $34,000 after buying an additional 673 shares during the period. Farther Finance Advisors LLC boosted its holdings in SPDR SSGA Fixed Income Sector Rotation ETF by 160.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $36,000 after acquiring an additional 856 shares during the period. Richardson Financial Services Inc. boosted its holdings in SPDR SSGA Fixed Income Sector Rotation ETF by 10.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 4,625 shares of the company’s stock valued at $121,000 after acquiring an additional 429 shares during the period. Maripau Wealth Management LLC grew its position in SPDR SSGA Fixed Income Sector Rotation ETF by 14.3% in the 2nd quarter. Maripau Wealth Management LLC now owns 12,084 shares of the company’s stock valued at $312,000 after acquiring an additional 1,508 shares in the last quarter. Finally, FSA Advisors Inc. acquired a new position in SPDR SSGA Fixed Income Sector Rotation ETF in the 4th quarter valued at about $396,000.

SPDR SSGA Fixed Income Sector Rotation ETF Company Profile

The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.