SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Shares Shorted: Short Interest Up 584.7% in October

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 72,655 shares, a growth of 584.7% from the September 30th total of 10,611 shares. Based on an average daily volume of 114,117 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the stock are short sold.

SPDR Portfolio Treasury ETF Stock Performance

NYSEARCA:SPTB traded up $0.00 during trading hours on Tuesday, reaching $29.27. The stock had a trading volume of 3,326 shares, compared to its average volume of 121,107. SPDR Portfolio Treasury ETF has a 52 week low of $28.63 and a 52 week high of $30.96. The company has a 50 day moving average price of $29.22 and a two-hundred day moving average price of $29.92.

Institutional Trading of SPDR Portfolio Treasury ETF

Several hedge funds have recently made changes to their positions in SPTB. Park Avenue Securities LLC bought a new stake in SPDR Portfolio Treasury ETF during the third quarter worth approximately $24,518,000. ONE Advisory Partners LLC purchased a new position in shares of SPDR Portfolio Treasury ETF during the 3rd quarter worth about $8,995,000. IFP Advisors Inc bought a new position in shares of SPDR Portfolio Treasury ETF during the third quarter valued at approximately $82,000. Integrated Capital Management Inc. purchased a new stake in shares of SPDR Portfolio Treasury ETF in the third quarter worth approximately $3,722,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio Treasury ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock worth $44,636,000 after buying an additional 19,974 shares during the period.

About SPDR Portfolio Treasury ETF

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.