SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Sees Large Growth in Short Interest

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 43,949 shares, a growth of 775.1% from the June 15th total of 5,022 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 110,863 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 26.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,285,819 shares of the company’s stock worth $41,288,000 after purchasing an additional 272,654 shares during the period. Checchi Capital Advisers LLC boosted its stake in SPDR Bloomberg International Corporate Bond ETF by 0.5% during the first quarter. Checchi Capital Advisers LLC now owns 709,148 shares of the company’s stock valued at $22,040,000 after buying an additional 3,725 shares during the period. Lodestar Private Asset Management LLC grew its position in SPDR Bloomberg International Corporate Bond ETF by 10.6% during the first quarter. Lodestar Private Asset Management LLC now owns 622,167 shares of the company’s stock worth $19,337,000 after buying an additional 59,534 shares in the last quarter. Lifestyle Asset Management Inc. grew its position in SPDR Bloomberg International Corporate Bond ETF by 6.0% during the fourth quarter. Lifestyle Asset Management Inc. now owns 484,372 shares of the company’s stock worth $15,553,000 after buying an additional 27,499 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in SPDR Bloomberg International Corporate Bond ETF by 46.0% in the 1st quarter. Bank of America Corp DE now owns 367,731 shares of the company’s stock worth $11,429,000 after acquiring an additional 115,833 shares during the last quarter.

SPDR Bloomberg International Corporate Bond ETF Price Performance

IBND stock opened at $31.02 on Monday. SPDR Bloomberg International Corporate Bond ETF has a twelve month low of $30.65 and a twelve month high of $33.20. The stock has a 50-day simple moving average of $31.34 and a two-hundred day simple moving average of $31.73.

About SPDR Bloomberg International Corporate Bond ETF

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.