Short Interest in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Expands By 32.1%

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 818,099 shares, a growth of 32.1% from the November 30th total of 619,128 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 1,776,298 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 1,776,298 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Hedge funds have recently made changes to their positions in the company. Peak Financial Advisors LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at $238,000. Parallel Advisors LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 15.6% in the 2nd quarter. Parallel Advisors LLC now owns 205,323 shares of the company’s stock worth $5,256,000 after buying an additional 27,747 shares in the last quarter. Apella Capital LLC boosted its position in SPDR Portfolio Aggregate Bond ETF by 64.2% in the 2nd quarter. Apella Capital LLC now owns 837,816 shares of the company’s stock valued at $21,214,000 after buying an additional 327,649 shares during the last quarter. NBC Securities Inc. boosted its position in SPDR Portfolio Aggregate Bond ETF by 241.8% in the 2nd quarter. NBC Securities Inc. now owns 237,344 shares of the company’s stock valued at $6,076,000 after buying an additional 167,904 shares during the last quarter. Finally, Balefire LLC grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 4.6% during the second quarter. Balefire LLC now owns 345,144 shares of the company’s stock valued at $8,836,000 after acquiring an additional 15,257 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA:SPAB remained flat at $25.82 during mid-day trading on Tuesday. The company’s stock had a trading volume of 1,835,637 shares, compared to its average volume of 2,393,562. The business has a 50-day simple moving average of $25.88 and a two-hundred day simple moving average of $25.71. SPDR Portfolio Aggregate Bond ETF has a one year low of $24.70 and a one year high of $26.16.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.