Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Expands By 267.3%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 225,264 shares, a growth of 267.3% from the November 30th total of 61,329 shares. Based on an average trading volume of 82,210 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.7% of the shares of the company are short sold. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 82,210 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Investors Weigh In On SPDR Bloomberg International Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP boosted its position in shares of SPDR Bloomberg International Corporate Bond ETF by 67,000.0% in the second quarter. Allworth Financial LP now owns 1,342 shares of the company’s stock worth $44,000 after purchasing an additional 1,340 shares during the period. Jones Financial Companies Lllp boosted its holdings in SPDR Bloomberg International Corporate Bond ETF by 97.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,655 shares of the company’s stock worth $53,000 after buying an additional 815 shares during the period. IFP Advisors Inc increased its stake in SPDR Bloomberg International Corporate Bond ETF by 7,405.6% in the 2nd quarter. IFP Advisors Inc now owns 2,702 shares of the company’s stock worth $88,000 after buying an additional 2,666 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in SPDR Bloomberg International Corporate Bond ETF by 79.4% during the third quarter. AdvisorNet Financial Inc now owns 3,920 shares of the company’s stock valued at $127,000 after acquiring an additional 1,735 shares during the period. Finally, TSA Wealth Managment LLC purchased a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the second quarter valued at about $205,000.

SPDR Bloomberg International Corporate Bond ETF Stock Up 0.1%

IBND stock traded up $0.03 during trading on Thursday, reaching $32.15. The stock had a trading volume of 19,001 shares, compared to its average volume of 131,559. SPDR Bloomberg International Corporate Bond ETF has a 52 week low of $27.69 and a 52 week high of $32.89. The stock’s 50 day moving average is $31.91 and its two-hundred day moving average is $32.04.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.