Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Decreases By 59.2%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 24,899 shares, a drop of 59.2% from the July 15th total of 60,970 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 62,577 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

A number of large investors have recently modified their holdings of IBND. FSA Wealth Partners Inc. lifted its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 108.6% in the 4th quarter. FSA Wealth Partners Inc. now owns 72,473 shares of the company’s stock worth $2,327,000 after buying an additional 37,724 shares during the period. Hyundai Investments Co. Ltd. bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the 4th quarter valued at about $642,000. Lodestar Private Asset Management LLC grew its holdings in SPDR Bloomberg International Corporate Bond ETF by 10.6% in the first quarter. Lodestar Private Asset Management LLC now owns 622,167 shares of the company’s stock worth $19,337,000 after purchasing an additional 59,534 shares during the last quarter. Royal Bank of Canada grew its stake in SPDR Bloomberg International Corporate Bond ETF by 52.4% during the 1st quarter. Royal Bank of Canada now owns 181,543 shares of the company’s stock worth $5,643,000 after buying an additional 62,399 shares during the last quarter. Finally, Barings LLC grew its stake in shares of SPDR Bloomberg International Corporate Bond ETF by 202.0% during the first quarter. Barings LLC now owns 78,778 shares of the company’s stock worth $2,448,000 after acquiring an additional 52,690 shares during the last quarter.

SPDR Bloomberg International Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:IBND traded up $0.01 during trading hours on Friday, hitting $31.16. 25,207 shares of the company’s stock traded hands, compared to its average volume of 116,622. The business has a fifty day moving average price of $31.07 and a 200-day moving average price of $31.54. SPDR Bloomberg International Corporate Bond ETF has a 1 year low of $30.55 and a 1 year high of $33.20.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.