Short Interest in SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Drops By 51.8%

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 32,111 shares, a drop of 51.8% from the May 31st total of 66,603 shares. Based on an average daily volume of 39,234 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. grew its stake in shares of SPDR Portfolio Treasury ETF by 34,766.7% during the fourth quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock worth $32,000 after purchasing an additional 1,043 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Portfolio Treasury ETF by 279.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,366 shares of the company’s stock worth $72,000 after buying an additional 1,742 shares during the last quarter. StoneX Group Inc. acquired a new position in shares of SPDR Portfolio Treasury ETF during the 4th quarter worth about $219,000. Susquehanna International Group LLP bought a new stake in shares of SPDR Portfolio Treasury ETF in the 3rd quarter valued at about $287,000. Finally, Simplicity Wealth LLC raised its position in shares of SPDR Portfolio Treasury ETF by 3.8% in the 4th quarter. Simplicity Wealth LLC now owns 14,887 shares of the company’s stock valued at $453,000 after acquiring an additional 550 shares during the period.

SPDR Portfolio Treasury ETF Trading Down 0.2%

Shares of SPTB traded down $0.07 on Tuesday, reaching $30.12. 30,492 shares of the company’s stock were exchanged, compared to its average volume of 111,504. SPDR Portfolio Treasury ETF has a 12 month low of $29.68 and a 12 month high of $30.96. The business has a 50 day moving average price of $30.03 and a two-hundred day moving average price of $30.29.

SPDR Portfolio Treasury ETF Company Profile

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.