SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Drop in Short Interest

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 724,734 shares, a drop of 35.8% from the July 15th total of 1,129,686 shares. Based on an average daily volume of 819,323 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are sold short.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

NYSEARCA SPTS traded up $0.01 during mid-day trading on Wednesday, hitting $28.97. The company’s stock had a trading volume of 179,044 shares, compared to its average volume of 1,619,481. The company’s 50 day simple moving average is $28.95 and its 200 day simple moving average is $29.08. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.87 and a twelve month high of $29.40. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of -64.42 and a beta of 0.05.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Municipal Employees Retirement System of Michigan increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock worth $757,760,000 after acquiring an additional 3,937,024 shares in the last quarter. State Street Corp lifted its position in SPDR Portfolio Short Term Treasury ETF by 3.9% in the 4th quarter. State Street Corp now owns 13,321,666 shares of the company’s stock valued at $390,058,000 after acquiring an additional 498,279 shares in the last quarter. Members Trust Co lifted its position in SPDR Portfolio Short Term Treasury ETF by 7.2% in the 1st quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock valued at $110,026,000 after acquiring an additional 251,965 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new position in SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at about $103,133,000. Finally, Cerity Partners LLC boosted its stake in SPDR Portfolio Short Term Treasury ETF by 9.6% during the 4th quarter. Cerity Partners LLC now owns 3,048,181 shares of the company’s stock valued at $89,251,000 after purchasing an additional 266,521 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Company Profile

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.