SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Update

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 724,734 shares, a decline of 35.8% from the July 15th total of 1,129,686 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 819,323 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Several large investors have recently bought and sold shares of SPTS. Municipal Employees Retirement System of Michigan lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after purchasing an additional 3,937,024 shares during the last quarter. Financial Solutions Advisory Group Inc. purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the first quarter valued at approximately $103,133,000. Bank of Nova Scotia boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 110.6% in the first quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock valued at $71,276,000 after acquiring an additional 1,282,090 shares during the period. Independence Wealth Advisors LLC grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 1,084.0% during the first quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock worth $33,615,000 after acquiring an additional 1,054,677 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $29,859,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPDR Portfolio Short Term Treasury ETF stock remained flat at $28.97 during trading on Tuesday. 428,896 shares of the stock traded hands, compared to its average volume of 1,622,237. The business’s 50-day simple moving average is $28.95 and its 200-day simple moving average is $29.08. The company has a market cap of $6.12 billion, a PE ratio of -64.42 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $28.87 and a 1-year high of $29.40.

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.