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

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 30,367 shares, a decrease of 91.4% from the April 15th total of 352,385 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 28,449 shares, the days-to-cover ratio is currently 1.1 days.

SPDR Portfolio Treasury ETF Price Performance

Shares of NYSEARCA SPTB traded down $0.02 on Wednesday, hitting $29.97. The company had a trading volume of 21,382 shares, compared to its average volume of 134,980. SPDR Portfolio Treasury ETF has a 12-month low of $29.88 and a 12-month high of $32.58. The business has a 50 day moving average of $30.25 and a two-hundred day moving average of $30.46.

Institutional Investors Weigh In On SPDR Portfolio Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Schwallier Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Treasury ETF in the first quarter worth about $620,000. Cetera Investment Advisers boosted its position in shares of SPDR Portfolio Treasury ETF by 16.3% in the fourth quarter. Cetera Investment Advisers now owns 41,355 shares of the company’s stock worth $1,258,000 after buying an additional 5,808 shares during the period. Osaic Holdings Inc. boosted its position in shares of SPDR Portfolio Treasury ETF by 49.8% in the fourth quarter. Osaic Holdings Inc. now owns 18,986 shares of the company’s stock worth $578,000 after buying an additional 6,314 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of SPDR Portfolio Treasury ETF by 713.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 85,804 shares of the company’s stock worth $2,611,000 after buying an additional 75,262 shares during the period. Finally, MML Investors Services LLC purchased a new stake in shares of SPDR Portfolio Treasury ETF in the fourth quarter worth about $2,476,000.

About SPDR Portfolio Treasury ETF

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.