SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Update

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,548,347 shares, a growth of 113.6% from the July 30th total of 724,734 shares. Based on an average trading volume of 1,166,519 shares, the short-interest ratio is presently 1.3 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SPTS. Proficio Capital Partners LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% during the second quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock worth $202,822,000 after purchasing an additional 5,523,850 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after buying an additional 3,937,024 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new position in shares of SPDR Portfolio Short Term Treasury ETF in the first quarter valued at about $103,133,000. Bank of Nova Scotia raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 110.6% in the first quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock valued at $71,276,000 after buying an additional 1,282,090 shares during the last quarter. Finally, Independence Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1,084.0% in the first quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock valued at $33,615,000 after buying an additional 1,054,677 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

NYSEARCA SPTS opened at $28.93 on Friday. The firm has a market cap of $6.11 billion, a PE ratio of -64.33 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a one year low of $28.87 and a one year high of $29.40. The stock’s 50 day simple moving average is $28.95 and its 200 day simple moving average is $29.06.

SPDR Portfolio Short Term Treasury ETF Company Profile

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.