SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Up 92.1% in September

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 798,100 shares, a growth of 92.1% from the August 31st total of 415,400 shares. Based on an average daily volume of 1,978,900 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 1,978,900 shares, the days-to-cover ratio is currently 0.4 days.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

NYSEARCA SPTI opened at $28.80 on Tuesday. The company has a fifty day simple moving average of $28.83 and a 200 day simple moving average of $28.61. SPDR Portfolio Intermediate Term Treasury ETF has a 12-month low of $27.62 and a 12-month high of $29.11.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Several institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. lifted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after acquiring an additional 449 shares during the period. Smartleaf Asset Management LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth $42,000. Ballast Advisors LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter worth about $49,000. Tower Research Capital LLC TRC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter worth about $49,000. Finally, Wayfinding Financial LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter valued at about $65,000.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.