SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Down 90.8% in August

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 661 shares, a decline of 90.8% from the August 15th total of 7,202 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 77,040 shares, the short-interest ratio is currently 0.0 days.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0%

ULST stock traded down $0.01 during midday trading on Thursday, hitting $40.27. The stock had a trading volume of 35,587 shares, compared to its average volume of 109,209. SPDR SSgA Ultra Short Term Bond ETF has a 52 week low of $40.20 and a 52 week high of $40.72. The stock has a 50-day simple moving average of $40.34 and a 200 day simple moving average of $40.40.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new stake in SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at about $37,000. Continuum Advisory LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter worth about $45,000. Ameritas Advisory Services LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF during the second quarter valued at approximately $88,000. Wells Fargo & Company MN grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock valued at $114,000 after purchasing an additional 2,805 shares during the period. Finally, Private Advisor Group LLC bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter valued at approximately $226,000.

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.