Short Interest in Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) Declines By 44.8%

Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,965 shares, a decrease of 44.8% from the July 30th total of 3,559 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,674 shares, the short-interest ratio is currently 0.4 days.

Global X Short-Term Treasury Ladder ETF Trading Up 0.1%

SLDR stock traded up $0.05 during trading on Monday, hitting $49.72. The company had a trading volume of 698 shares, compared to its average volume of 8,722. Global X Short-Term Treasury Ladder ETF has a 52-week low of $49.50 and a 52-week high of $50.68. The company has a 50 day simple moving average of $49.68 and a 200-day simple moving average of $49.86.

Hedge Funds Weigh In On Global X Short-Term Treasury Ladder ETF

An institutional investor recently raised its position in Global X Short-Term Treasury Ladder ETF stock. Pacific Sage Partners LLC grew its stake in shares of Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) by 8.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 344,074 shares of the company’s stock after acquiring an additional 27,228 shares during the period. Global X Short-Term Treasury Ladder ETF comprises approximately 2.7% of Pacific Sage Partners LLC’s investment portfolio, making the stock its 9th biggest holding. Pacific Sage Partners LLC owned approximately 43.55% of Global X Short-Term Treasury Ladder ETF worth $17,212,000 at the end of the most recent reporting period.

About Global X Short-Term Treasury Ladder ETF

The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.