Short Interest in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Declines By 49.7%

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 664,113 shares, a decrease of 49.7% from the June 15th total of 1,319,138 shares. Based on an average daily trading volume, of 1,610,070 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

SPTS stock traded up $0.04 during midday trading on Wednesday, hitting $28.97. The company’s stock had a trading volume of 2,673,261 shares, compared to its average volume of 1,734,476. The firm has a market capitalization of $6.09 billion, a P/E ratio of -64.42 and a beta of 0.05. The firm has a 50-day simple moving average of $28.98 and a 200-day simple moving average of $29.14. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.89 and a 52-week high of $29.40.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Hedge funds have recently bought and sold shares of the stock. Dagco Inc. grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 6.0% during the second quarter. Dagco Inc. now owns 1,838,753 shares of the company’s stock worth $53,342,000 after buying an additional 104,178 shares in the last quarter. Fiduciary Financial Group LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 55.4% in the second quarter. Fiduciary Financial Group LLC now owns 74,173 shares of the company’s stock worth $2,152,000 after acquiring an additional 26,428 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 2.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 52,985 shares of the company’s stock worth $1,537,000 after acquiring an additional 1,443 shares during the last quarter. Paladin Wealth LLC grew its holdings in SPDR Portfolio Short Term Treasury ETF by 11.2% during the 2nd quarter. Paladin Wealth LLC now owns 25,896 shares of the company’s stock worth $751,000 after acquiring an additional 2,604 shares in the last quarter. Finally, Tactive Advisors LLC grew its holdings in SPDR Portfolio Short Term Treasury ETF by 2.0% during the 2nd quarter. Tactive Advisors LLC now owns 65,413 shares of the company’s stock worth $1,898,000 after acquiring an additional 1,269 shares in the last quarter.

About SPDR Portfolio Short Term Treasury ETF

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.