SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Up 106.8% in February

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,552,741 shares, a growth of 106.8% from the February 12th total of 750,913 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,091,570 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 1,091,570 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.8% of the shares of the stock are sold short.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPTS traded down $0.03 on Thursday, hitting $29.17. The company’s stock had a trading volume of 331,111 shares, compared to its average volume of 1,740,708. The company has a market capitalization of $5.54 billion, a PE ratio of -64.86 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $29.06 and a fifty-two week high of $29.40. The company has a 50 day moving average price of $29.28 and a 200 day moving average price of $29.29.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.084 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%. SPDR Portfolio Short Term Treasury ETF’s payout ratio is currently -255.71%.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Downshift Financial LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at about $887,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $25,000. OakTrust Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter valued at approximately $14,184,000. BDFS Capital LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter valued at approximately $334,000. Finally, DGS Capital Management LLC lifted its holdings in SPDR Portfolio Short Term Treasury ETF by 3.2% during the 4th quarter. DGS Capital Management LLC now owns 270,890 shares of the company’s stock worth $7,932,000 after buying an additional 8,455 shares in the last quarter.

About SPDR Portfolio Short Term Treasury ETF

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.