Short Interest in SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Drops By 51.8%

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 32,111 shares, a drop of 51.8% from the May 31st total of 66,603 shares. Based on an average daily trading volume, of 39,234 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Trading of SPDR Portfolio Treasury ETF

Several hedge funds have recently modified their holdings of SPTB. Blue Trust Inc. raised its position in SPDR Portfolio Treasury ETF by 34,766.7% in the 4th quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock worth $32,000 after purchasing an additional 1,043 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of SPDR Portfolio Treasury ETF by 279.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,366 shares of the company’s stock worth $72,000 after acquiring an additional 1,742 shares during the last quarter. StoneX Group Inc. acquired a new position in shares of SPDR Portfolio Treasury ETF during the fourth quarter valued at $219,000. Susquehanna International Group LLP bought a new position in SPDR Portfolio Treasury ETF in the third quarter valued at about $287,000. Finally, Simplicity Wealth LLC increased its position in SPDR Portfolio Treasury ETF by 3.8% in the fourth quarter. Simplicity Wealth LLC now owns 14,887 shares of the company’s stock worth $453,000 after purchasing an additional 550 shares during the period.

SPDR Portfolio Treasury ETF Stock Down 0.2%

NYSEARCA SPTB traded down $0.07 on Tuesday, hitting $30.12. 30,492 shares of the company were exchanged, compared to its average volume of 111,504. The firm has a 50 day moving average of $30.03 and a two-hundred day moving average of $30.29. SPDR Portfolio Treasury ETF has a 1-year low of $29.68 and a 1-year high of $30.96.

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.