SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Sees Large Increase in Short Interest

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 2,765,226 shares, a growth of 251.1% from the February 12th total of 787,639 shares. Approximately 4.0% of the company’s shares are sold short. Based on an average trading volume of 702,871 shares, the days-to-cover ratio is currently 3.9 days. Based on an average trading volume of 702,871 shares, the days-to-cover ratio is currently 3.9 days. Approximately 4.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Citigroup Inc. lifted its holdings in SPDR Bloomberg International Treasury Bond ETF by 19,000.0% during the 2nd quarter. Citigroup Inc. now owns 3,753,724 shares of the company’s stock valued at $88,175,000 after buying an additional 3,734,071 shares in the last quarter. Cerity Partners OCIO LLC raised its position in SPDR Bloomberg International Treasury Bond ETF by 58.6% during the 2nd quarter. Cerity Partners OCIO LLC now owns 7,984,272 shares of the company’s stock valued at $187,551,000 after purchasing an additional 2,949,774 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of SPDR Bloomberg International Treasury Bond ETF by 11.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,099,331 shares of the company’s stock worth $166,763,000 after buying an additional 733,456 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of SPDR Bloomberg International Treasury Bond ETF by 2,119.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 625,925 shares of the company’s stock worth $14,102,000 after buying an additional 597,727 shares during the period. Finally, Gould Asset Management LLC CA bought a new position in shares of SPDR Bloomberg International Treasury Bond ETF during the 3rd quarter worth $12,820,000. 73.32% of the stock is currently owned by institutional investors.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

NYSEARCA:BWX traded down $0.12 during mid-day trading on Friday, hitting $21.95. 98,959 shares of the stock traded hands, compared to its average volume of 1,244,298. SPDR Bloomberg International Treasury Bond ETF has a 52 week low of $21.69 and a 52 week high of $23.55. The firm’s 50 day moving average is $22.67 and its two-hundred day moving average is $22.71.

SPDR Bloomberg International Treasury Bond ETF Company Profile

SPDR Barclays Capital International Treasury Bond ETF, formerly SPDR Lehman International Treasury Bond ETF is engaged in providing investment results that corresponds to the price and yield performance of the Barclays Capital Global Treasury ex-US Capped Index. The Barclays Capital Global Treasury Ex-US Capped Index includes government bonds issued by investment-grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade.