SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 491,759 shares, a decrease of 39.2% from the December 15th total of 808,661 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 914,084 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 914,084 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock traded up $0.01 during trading hours on Friday, hitting $22.55. The company’s stock had a trading volume of 149,346 shares, compared to its average volume of 610,255. The business has a fifty day moving average of $22.49 and a 200 day moving average of $22.33. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.36 and a 1-year high of $22.72.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. AlphaCore Capital LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 666.7% during the 2nd quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock valued at $25,000 after purchasing an additional 1,000 shares in the last quarter. REAP Financial Group LLC acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the third quarter valued at about $25,000. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth about $39,000. Root Financial Partners LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth about $65,000. Finally, CoreCap Advisors LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 145.8% in the third quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock valued at $67,000 after purchasing an additional 1,761 shares during the last quarter.

About SPDR Portfolio Mortgage Backed Bond ETF

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.