SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) Sees Large Growth in Short Interest

SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 22,244 shares, an increase of 71.2% from the May 31st total of 12,993 shares. Based on an average trading volume of 9,925 shares, the short-interest ratio is currently 2.2 days. Approximately 0.1% of the company’s stock are sold short.

SPDR SSGA Apollo IG Public & Private Credit ETF Price Performance

NYSEARCA:PRIV opened at $25.04 on Friday. SPDR SSGA Apollo IG Public & Private Credit ETF has a one year low of $24.84 and a one year high of $25.79. The company’s 50-day simple moving average is $25.15 and its 200 day simple moving average is $25.33.

Institutional Trading of SPDR SSGA Apollo IG Public & Private Credit ETF

A number of hedge funds have recently made changes to their positions in the stock. Gradient Investments LLC grew its stake in shares of SPDR SSGA Apollo IG Public & Private Credit ETF by 10.5% in the 4th quarter. Gradient Investments LLC now owns 770,852 shares of the company’s stock worth $19,591,000 after buying an additional 73,382 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in SPDR SSGA Apollo IG Public & Private Credit ETF during the 1st quarter valued at approximately $10,020,000. Beaumont Financial Advisors LLC raised its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 1,113.4% during the first quarter. Beaumont Financial Advisors LLC now owns 330,905 shares of the company’s stock valued at $8,347,000 after buying an additional 303,635 shares during the last quarter. Jane Street Group LLC raised its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 523.6% during the fourth quarter. Jane Street Group LLC now owns 279,057 shares of the company’s stock valued at $7,091,000 after buying an additional 234,307 shares during the last quarter. Finally, Mariner LLC raised its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 184.7% during the third quarter. Mariner LLC now owns 182,632 shares of the company’s stock valued at $4,659,000 after buying an additional 118,472 shares during the last quarter.

About SPDR SSGA Apollo IG Public & Private Credit ETF

The SPDR SSgA Apollo IG Public & Private Credit ETF (PRIV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in a wide variety of debt securities with different maturities, including public and private credit, in addition to illiquid securities. PRIV was launched on Feb 26, 2025 and is issued by State Street.