SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Up 92.3% in August

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,058,283 shares, a growth of 92.3% from the July 30th total of 1,070,551 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,760,405 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SPTI. Elyxium Wealth LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter worth $27,000. Elevated Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter valued at $37,000. Franklin Resources Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares in the last quarter. Smartleaf Asset Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth $42,000. Finally, Tower Research Capital LLC TRC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.1%

SPTI opened at $28.01 on Tuesday. The business’s 50-day moving average is $28.17 and its two-hundred day moving average is $28.45. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $28.00 and a 1 year high of $29.24.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.