SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Sees Significant Drop in Short Interest

SPDR Portfolio Treasury ETF (NYSEARCA:SPTBGet Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 23,279 shares, a decline of 81.1% from the August 15th total of 123,448 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 582,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On SPDR Portfolio Treasury ETF

A number of institutional investors have recently modified their holdings of SPTB. Creative Financial Designs Inc. ADV boosted its stake in SPDR Portfolio Treasury ETF by 279.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,366 shares of the company’s stock valued at $72,000 after acquiring an additional 1,742 shares during the period. StoneX Group Inc. bought a new position in shares of SPDR Portfolio Treasury ETF during the fourth quarter valued at approximately $219,000. Susquehanna International Group LLP acquired a new stake in shares of SPDR Portfolio Treasury ETF during the 3rd quarter worth approximately $287,000. Osaic Holdings Inc. raised its position in shares of SPDR Portfolio Treasury ETF by 49.8% during the 4th quarter. Osaic Holdings Inc. now owns 18,986 shares of the company’s stock worth $578,000 after purchasing an additional 6,314 shares during the period. Finally, Schwallier Wealth Management LLC bought a new stake in shares of SPDR Portfolio Treasury ETF in the 1st quarter worth approximately $620,000.

SPDR Portfolio Treasury ETF Stock Down 0.1%

Shares of NYSEARCA:SPTB traded down $0.04 on Friday, reaching $29.20. 95,046 shares of the company’s stock were exchanged, compared to its average volume of 127,171. SPDR Portfolio Treasury ETF has a fifty-two week low of $29.20 and a fifty-two week high of $30.96. The business’s 50-day moving average is $29.65 and its two-hundred day moving average is $29.99.

About SPDR Portfolio Treasury ETF

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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.

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