Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) Sees Significant Drop in Short Interest

Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,965 shares, a decline of 44.8% from the July 30th total of 3,559 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,674 shares, the short-interest ratio is currently 0.4 days.

Global X Short-Term Treasury Ladder ETF Stock Performance

Shares of SLDR stock traded down $0.07 during trading hours on Friday, hitting $49.67. 15 shares of the company were exchanged, compared to its average volume of 8,770. Global X Short-Term Treasury Ladder ETF has a one year low of $49.50 and a one year high of $50.68. The business’s 50-day simple moving average is $49.68 and its two-hundred day simple moving average is $49.87.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Short-Term Treasury Ladder ETF stock. Pacific Sage Partners LLC lifted its position in shares of Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) by 8.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 344,074 shares of the company’s stock after acquiring an additional 27,228 shares during the period. Global X Short-Term Treasury Ladder ETF comprises approximately 2.7% of Pacific Sage Partners LLC’s holdings, making the stock its 9th largest holding. Pacific Sage Partners LLC owned about 43.55% of Global X Short-Term Treasury Ladder ETF worth $17,212,000 at the end of the most recent quarter.

Global X Short-Term Treasury Ladder ETF Company Profile

The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.