SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Significant Drop in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 9,105 shares, a decrease of 62.4% from the April 30th total of 24,232 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 57,764 shares, the days-to-cover ratio is currently 0.2 days.

SPDR Bloomberg Short Term International Treasury Bond ETF Stock Performance

Shares of BWZ stock traded down $0.18 on Monday, reaching $27.10. The company had a trading volume of 30,503 shares, compared to its average volume of 94,752. The company has a 50-day moving average of $27.18 and a 200-day moving average of $27.34. SPDR Bloomberg Short Term International Treasury Bond ETF has a 12 month low of $26.69 and a 12 month high of $29.24.

Institutional Trading of SPDR Bloomberg Short Term International Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Lam Group Inc. bought a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the 4th quarter valued at about $1,316,000. DMC Group LLC increased its stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 47.2% in the 4th quarter. DMC Group LLC now owns 165,469 shares of the company’s stock valued at $4,536,000 after acquiring an additional 53,050 shares during the last quarter. Park Edge Advisors LLC bought a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the 4th quarter valued at about $5,925,000. Almanack Investment Partners LLC. increased its stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 4.3% in the 4th quarter. Almanack Investment Partners LLC. now owns 527,796 shares of the company’s stock valued at $14,467,000 after acquiring an additional 21,747 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP bought a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the 4th quarter valued at about $27,526,000.

SPDR Bloomberg Short Term International Treasury Bond ETF Company Profile

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.