SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Shares Shorted: Short Interest Down 99.8% in October

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 172 shares, a drop of 99.8% from the October 15th total of 72,655 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,180 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On SPDR Portfolio Treasury ETF

Several institutional investors have recently made changes to their positions in SPTB. Schwallier Wealth Management LLC purchased a new position in shares of SPDR Portfolio Treasury ETF in the 1st quarter valued at about $620,000. International Assets Investment Management LLC lifted its position in shares of SPDR Portfolio Treasury ETF by 678.8% during the 3rd quarter. International Assets Investment Management LLC now owns 135,000 shares of the company’s stock valued at $3,892,000 after acquiring an additional 117,666 shares during the period. Sei Investments Co. acquired a new stake in shares of SPDR Portfolio Treasury ETF during the 1st quarter valued at approximately $2,061,000. Integrated Capital Management Inc. acquired a new stake in shares of SPDR Portfolio Treasury ETF in the 3rd quarter worth approximately $3,722,000. Finally, Payden & Rygel purchased a new position in SPDR Portfolio Treasury ETF in the 3rd quarter valued at approximately $9,061,000.

SPDR Portfolio Treasury ETF Trading Down 0.7%

SPTB stock traded down $0.20 on Thursday, reaching $29.00. 264,437 shares of the company’s stock were exchanged, compared to its average volume of 117,364. The stock has a fifty day moving average of $29.14 and a 200-day moving average of $29.85. SPDR Portfolio Treasury ETF has a twelve month low of $28.63 and a twelve month 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.