SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Shares Shorted: Short Interest Up 584.7% in October

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 72,655 shares, an increase of 584.7% from the September 30th total of 10,611 shares. Based on an average daily volume of 114,117 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.5% of the company’s stock are short sold.

SPDR Portfolio Treasury ETF Stock Up 0.3%

SPDR Portfolio Treasury ETF stock traded up $0.10 during mid-day trading on Thursday, hitting $29.32. The company’s stock had a trading volume of 54,493 shares, compared to its average volume of 120,522. The firm’s 50 day moving average is $29.20 and its 200 day moving average is $29.90. SPDR Portfolio Treasury ETF has a 52-week low of $28.63 and a 52-week high of $30.96.

Hedge Funds Weigh In On SPDR Portfolio Treasury ETF

Hedge funds have recently added to or reduced their stakes in the company. Schwallier Wealth Management LLC acquired a new position in SPDR Portfolio Treasury ETF during the first quarter valued at approximately $620,000. Sei Investments Co. acquired a new position in shares of SPDR Portfolio Treasury ETF during the 1st quarter worth about $2,061,000. Integrated Capital Management Inc. bought a new stake in SPDR Portfolio Treasury ETF during the 3rd quarter valued at approximately $3,722,000. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio Treasury ETF by 1.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock valued at $44,636,000 after buying an additional 19,974 shares during the last quarter. Finally, ONE Advisory Partners LLC acquired a new stake in SPDR Portfolio Treasury ETF in the 3rd quarter valued at approximately $8,995,000.

SPDR Portfolio Treasury ETF Company Profile

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.