SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Decline in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 968,663 shares, a decrease of 88.3% from the September 30th total of 8,313,719 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 15,978,120 shares, the days-to-cover ratio is presently 0.1 days.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of NYSEARCA SPTL opened at $24.73 on Thursday. The stock’s fifty day moving average is $24.61 and its 200 day moving average is $25.76. SPDR Portfolio Long Term Treasury ETF has a 52 week low of $23.46 and a 52 week high of $27.62.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SPTL. Drucker Wealth 3.0 LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 0.5% in the first quarter. Drucker Wealth 3.0 LLC now owns 85,485 shares of the company’s stock valued at $2,248,000 after purchasing an additional 421 shares during the last quarter. GenWealth Group Inc. grew its position in SPDR Portfolio Long Term Treasury ETF by 0.6% in the third quarter. GenWealth Group Inc. now owns 79,877 shares of the company’s stock worth $1,905,000 after acquiring an additional 506 shares in the last quarter. Stonebridge Financial Group LLC grew its position in SPDR Portfolio Long Term Treasury ETF by 5.0% during the second quarter. Stonebridge Financial Group LLC now owns 10,767 shares of the company’s stock valued at $282,000 after acquiring an additional 510 shares during the last quarter. Lifeworks Advisors LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 9.2% in the 1st quarter. Lifeworks Advisors LLC now owns 8,679 shares of the company’s stock valued at $228,000 after purchasing an additional 728 shares during the last quarter. Finally, Avos Capital Management LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 0.3% in the 2nd quarter. Avos Capital Management LLC now owns 240,565 shares of the company’s stock valued at $6,310,000 after acquiring an additional 782 shares during the period.

About SPDR Portfolio Long Term Treasury ETF

(Get Free Report)

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.

See Also

Receive News & Ratings for SPDR Portfolio Long Term Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Long Term Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.