SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR – Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 147,539 shares, an increase of 208.0% from the July 30th total of 47,903 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 563,330 shares, the days-to-cover ratio is currently 0.3 days.
SPDR SSGA Fixed Income Sector Rotation ETF Stock Down 0.3%
Shares of FISR stock traded down $0.07 during mid-day trading on Friday, reaching $25.25. 43,191 shares of the company were exchanged, compared to its average volume of 180,769. The business’s 50 day simple moving average is $25.37 and its 200 day simple moving average is $25.61. SPDR SSGA Fixed Income Sector Rotation ETF has a fifty-two week low of $25.10 and a fifty-two week high of $26.38.
Institutional Investors Weigh In On SPDR SSGA Fixed Income Sector Rotation ETF
A number of institutional investors have recently modified their holdings of FISR. Creative Financial Designs Inc. ADV grew its stake in SPDR SSGA Fixed Income Sector Rotation ETF by 4.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 19,025 shares of the company’s stock worth $493,000 after purchasing an additional 796 shares in the last quarter. FSA Advisors Inc. acquired a new stake in SPDR SSGA Fixed Income Sector Rotation ETF during the fourth quarter valued at approximately $396,000. Finally, Farther Finance Advisors LLC raised its stake in SPDR SSGA Fixed Income Sector Rotation ETF by 160.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $36,000 after buying an additional 856 shares in the last quarter.
About SPDR SSGA Fixed Income Sector Rotation ETF
The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.
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