Short Interest in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Declines By 72.4%

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,585 shares, a decrease of 72.4% from the July 15th total of 12,972 shares. Based on an average daily trading volume, of 53,690 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of ULST. CWM LLC raised its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.8% in the fourth quarter. CWM LLC now owns 3,802,612 shares of the company’s stock worth $154,025,000 after buying an additional 240,602 shares during the period. BIP Wealth LLC grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 3.7% during the 1st quarter. BIP Wealth LLC now owns 588,178 shares of the company’s stock valued at $23,821,000 after acquiring an additional 21,195 shares during the period. Bank of America Corp DE grew its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 6.5% during the 1st quarter. Bank of America Corp DE now owns 277,650 shares of the company’s stock valued at $11,245,000 after acquiring an additional 16,998 shares during the period. ORBA Wealth Advisors L.L.C. increased its holdings in SPDR SSgA Ultra Short Term Bond ETF by 26.0% in the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 182,305 shares of the company’s stock worth $7,384,000 after acquiring an additional 37,613 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in SPDR SSgA Ultra Short Term Bond ETF by 40.0% in the 2nd quarter. AQR Capital Management LLC now owns 148,419 shares of the company’s stock worth $6,035,000 after acquiring an additional 42,435 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

Shares of SPDR SSgA Ultra Short Term Bond ETF stock opened at $40.34 on Thursday. SPDR SSgA Ultra Short Term Bond ETF has a 1-year low of $40.20 and a 1-year high of $40.72. The company’s fifty day simple moving average is $40.35 and its 200-day simple moving average is $40.44.

About SPDR SSgA Ultra Short Term Bond ETF

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.