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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,548,347 shares, a growth of 113.6% from the July 30th total of 724,734 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 1,166,519 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SPTS. Clearstead Advisors LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 103.6% in the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock valued at $25,000 after purchasing an additional 426 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth about $25,000. Private Wealth Asset Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth about $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at about $27,000. Finally, Manchester Capital Management LLC bought a new position in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at about $36,000.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.1%

Shares of SPTS opened at $28.93 on Friday. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.87 and a 1 year high of $29.40. The stock has a 50 day simple moving average of $28.95 and a 200-day simple moving average of $29.06. The stock has a market cap of $6.11 billion, a PE ratio of -64.33 and a beta of 0.05.

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.