Short Interest in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Increases By 106.8%

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 1,552,741 shares, an increase of 106.8% from the February 12th total of 750,913 shares. Based on an average daily trading volume, of 1,091,570 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 1,091,570 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 76.2% during the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock worth $1,016,000 after acquiring an additional 15,030 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 2,864.3% in the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock valued at $442,000 after purchasing an additional 14,608 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 129.0% in the first quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock valued at $6,912,000 after purchasing an additional 133,182 shares during the last quarter. Jane Street Group LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the first quarter worth approximately $1,606,000. Finally, Vise Technologies Inc. bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the second quarter worth approximately $309,000.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.0%

Shares of SPTS stock opened at $29.17 on Friday. The firm has a fifty day moving average of $29.28 and a 200-day moving average of $29.29. SPDR Portfolio Short Term Treasury ETF has a 12-month low of $29.06 and a 12-month high of $29.40. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of -64.86 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.084 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is presently -255.71%.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.