Short Interest in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Declines By 49.6%

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 638,942 shares, a decrease of 49.6% from the January 15th total of 1,266,673 shares. Based on an average daily volume of 3,964,172 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 3,964,172 shares, the short-interest ratio is presently 0.2 days.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.4%

SPDR Portfolio Intermediate Term Treasury ETF stock traded up $0.12 during mid-day trading on Thursday, hitting $28.97. 1,009,297 shares of the company’s stock traded hands, compared to its average volume of 2,733,643. The firm has a 50 day simple moving average of $28.83 and a two-hundred day simple moving average of $28.87. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $27.92 and a fifty-two week high of $29.15.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.0934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, February 2nd. This is a boost from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Tripletail Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at $25,000. Caitlin John LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at about $27,000. Elyxium Wealth LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter valued at about $27,000. Franklin Resources Inc. raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after acquiring an additional 449 shares in the last quarter. Finally, Financial Consulate Inc. bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth about $38,000.

About SPDR Portfolio Intermediate Term Treasury ETF

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.