Short Interest in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Drops By 45.5%

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTIGet Free Report) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 1,177,988 shares, a drop of 45.5% from the May 31st total of 2,159,478 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 2,386,896 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in the company. WealthPoint Financial LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the first quarter valued at $228,000. Capasso Planning Partners LLC raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 5.4% during the first quarter. Capasso Planning Partners LLC now owns 410,309 shares of the company’s stock valued at $11,759,000 after purchasing an additional 20,920 shares in the last quarter. Verus Capital Partners LLC lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 130.0% during the first quarter. Verus Capital Partners LLC now owns 199,291 shares of the company’s stock valued at $5,712,000 after purchasing an additional 112,627 shares during the last quarter. Strategic Investment Advisors MI lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 16.4% during the first quarter. Strategic Investment Advisors MI now owns 46,086 shares of the company’s stock valued at $1,319,000 after purchasing an additional 6,484 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter valued at $7,835,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.5%

Shares of SPTI stock traded down $0.13 during trading hours on Wednesday, hitting $28.26. The stock had a trading volume of 8,559,847 shares, compared to its average volume of 2,663,636. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $28.09 and a one year high of $29.24. The stock’s 50-day moving average price is $28.39 and its two-hundred day moving average price is $28.66.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

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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.

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