SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Update

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 2,159,478 shares, an increase of 93.4% from the May 14th total of 1,116,586 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 2,980,348 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. LPL Financial LLC increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 3.7% in the fourth quarter. LPL Financial LLC now owns 48,812,099 shares of the company’s stock valued at $1,407,741,000 after buying an additional 1,719,493 shares during the last quarter. Financial Engines Advisors L.L.C. increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 7.3% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 44,094,271 shares of the company’s stock valued at $1,271,679,000 after buying an additional 3,010,875 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 3.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 37,247,174 shares of the company’s stock valued at $1,074,208,000 after buying an additional 1,385,521 shares during the last quarter. Bank of America Corp DE increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% in the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after buying an additional 11,328,620 shares during the last quarter. Finally, Mather Group LLC. increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 5.5% in the fourth quarter. Mather Group LLC. now owns 11,316,901 shares of the company’s stock valued at $326,379,000 after buying an additional 587,744 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.2%

Shares of NYSEARCA SPTI traded down $0.05 during mid-day trading on Friday, hitting $28.30. The company had a trading volume of 3,461,084 shares, compared to its average volume of 2,608,913. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $28.09 and a 1-year high of $29.24. The business’s 50-day simple moving average is $28.45 and its 200 day simple moving average is $28.71.

About SPDR Portfolio Intermediate Term Treasury ETF

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.