Short Interest in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Rises By 78.3%

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,319,138 shares, an increase of 78.3% from the May 31st total of 739,930 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 1,391,360 shares, the days-to-cover ratio is presently 0.9 days.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.4%

Shares of SPTS stock opened at $28.90 on Thursday. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.90 and a fifty-two week high of $29.40. The stock has a market cap of $5.82 billion, a P/E ratio of -64.26 and a beta of 0.05. The business has a fifty day simple moving average of $29.02 and a 200-day simple moving average of $29.16.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC raised its position in SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after acquiring an additional 426 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $27,000. Finally, Manchester Capital Management LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at approximately $36,000.

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.