SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Stock Short Interest Report for October

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 13,869 shares, a growth of 192.3% from the September 30th total of 4,745 shares. Based on an average daily volume of 45,285 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Hedge funds have recently modified their holdings of the stock. BIP Wealth LLC raised its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.1% in the 3rd quarter. BIP Wealth LLC now owns 705,431 shares of the company’s stock worth $28,390,000 after purchasing an additional 40,329 shares during the period. Bank of America Corp DE boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.5% during the first quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock worth $11,245,000 after purchasing an additional 16,998 shares during the period. David Kennon Inc lifted its position in SPDR SSgA Ultra Short Term Bond ETF by 0.8% during the third quarter. David Kennon Inc now owns 106,986 shares of the company’s stock valued at $4,306,000 after buying an additional 879 shares during the period. Norris Financial Group LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter valued at approximately $4,305,000. Finally, Kraft Davis & Associates LLC purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the second quarter worth approximately $4,228,000.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.0%

ULST stock traded up $0.01 during midday trading on Thursday, hitting $40.29. The company’s stock had a trading volume of 28,541 shares, compared to its average volume of 101,806. The company’s fifty day moving average price is $40.26 and its 200 day moving average price is $40.40. SPDR SSgA Ultra Short Term Bond ETF has a twelve month low of $40.11 and a twelve month high of $40.70.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.