SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Update

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 7,202 shares, a growth of 100.9% from the July 30th total of 3,585 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 58,227 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

A number of institutional investors have recently added to or reduced their stakes in ULST. AQR Capital Management LLC boosted its position in SPDR SSgA Ultra Short Term Bond ETF by 28.6% in the first quarter. AQR Capital Management LLC now owns 105,984 shares of the company’s stock valued at $4,308,000 after buying an additional 23,540 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 45.4% during the first quarter. NewEdge Advisors LLC now owns 16,130 shares of the company’s stock worth $656,000 after buying an additional 5,038 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at $37,000. Jane Street Group LLC boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 349.1% during the 2nd quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock valued at $3,208,000 after acquiring an additional 61,333 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 36.3% during the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock valued at $11,130,000 after acquiring an additional 72,900 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0%

NYSEARCA ULST traded down $0.02 during trading on Friday, hitting $40.38. 46,133 shares of the company’s stock were exchanged, compared to its average volume of 109,729. SPDR SSgA Ultra Short Term Bond ETF has a fifty-two week low of $40.20 and a fifty-two week high of $40.72. The stock’s 50 day moving average price is $40.36 and its two-hundred day moving average price is $40.42.

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.