SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Short Interest Down 58.5% in February

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 138,754 shares, a drop of 58.5% from the January 29th total of 334,428 shares. Based on an average daily trading volume, of 248,382 shares, the short-interest ratio is presently 0.6 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 248,382 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the 4th quarter valued at about $39,000. Kestra Advisory Services LLC purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth about $41,000. Allworth Financial LP grew its stake in shares of SPDR Bloomberg International Corporate Bond ETF by 67,000.0% during the second quarter. Allworth Financial LP now owns 1,342 shares of the company’s stock worth $44,000 after acquiring an additional 1,340 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 97.0% during the third quarter. Jones Financial Companies Lllp now owns 1,655 shares of the company’s stock valued at $53,000 after acquiring an additional 815 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the 4th quarter valued at approximately $58,000.

SPDR Bloomberg International Corporate Bond ETF Stock Up 0.2%

Shares of SPDR Bloomberg International Corporate Bond ETF stock traded up $0.05 on Friday, reaching $32.62. The stock had a trading volume of 69,250 shares, compared to its average volume of 159,160. The company has a 50 day moving average price of $32.35 and a 200 day moving average price of $32.14. SPDR Bloomberg International Corporate Bond ETF has a 1 year low of $28.63 and a 1 year high of $33.20.

SPDR Bloomberg International Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.0719 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.