SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Down 42.2% in January

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 847,580 shares, a decrease of 42.2% from the January 15th total of 1,465,459 shares. Based on an average daily volume of 3,368,395 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 3,368,395 shares, the days-to-cover ratio is presently 0.3 days.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

Shares of SPTS traded up $0.04 during mid-day trading on Friday, reaching $29.35. 631,427 shares of the stock traded hands, compared to its average volume of 2,087,058. The company has a market cap of $5.58 billion, a price-to-earnings ratio of -65.26 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $29.00 and a 1 year high of $29.39. The firm has a fifty day moving average price of $29.27 and a 200 day moving average price of $29.28.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.1017 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.2%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio (DPR) is presently -257.94%.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 76.2% during the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock worth $1,016,000 after purchasing an additional 15,030 shares in the last quarter. Jones Financial Companies Lllp lifted its position in SPDR Portfolio Short Term Treasury ETF by 2,864.3% during the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock valued at $442,000 after purchasing an additional 14,608 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in SPDR Portfolio Short Term Treasury ETF by 129.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock worth $6,912,000 after buying an additional 133,182 shares in the last quarter. Jane Street Group LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF in the 1st quarter worth $1,606,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 5.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 29,385 shares of the company’s stock worth $861,000 after buying an additional 1,558 shares during the last quarter.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.