SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Update

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,048,418 shares, a decline of 49.1% from the August 15th total of 2,058,283 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,722,650 shares, the short-interest ratio is presently 0.6 days.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

Shares of NYSEARCA:SPTI traded down $0.03 during midday trading on Wednesday, reaching $27.52. The company had a trading volume of 2,796,144 shares, compared to its average volume of 2,475,134. The company’s 50 day moving average price is $28.05 and its 200 day moving average price is $28.35. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $27.52 and a 52-week high of $29.24.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 108.0% in the second quarter. Integrated Wealth Concepts LLC now owns 1,054,763 shares of the company’s stock valued at $29,945,000 after purchasing an additional 547,584 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 2.4% during the 2nd quarter. NewEdge Advisors LLC now owns 68,971 shares of the company’s stock worth $1,958,000 after purchasing an additional 1,586 shares in the last quarter. IFP Advisors Inc boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 166.7% in the 2nd quarter. IFP Advisors Inc now owns 179,956 shares of the company’s stock worth $5,109,000 after purchasing an additional 112,481 shares during the period. Baird Financial Group Inc. boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 49.1% in the 2nd quarter. Baird Financial Group Inc. now owns 161,076 shares of the company’s stock worth $4,573,000 after purchasing an additional 53,032 shares during the period. Finally, XY Planning Network Inc. grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 10.8% during the 2nd quarter. XY Planning Network Inc. now owns 251,997 shares of the company’s stock valued at $7,154,000 after buying an additional 24,574 shares in the last quarter.

About SPDR Portfolio Intermediate Term Treasury ETF

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.