Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,947 shares, an increase of 75.7% from the June 30th total of 2,246 shares. Based on an average daily trading volume, of 33,081 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.5% of the shares of the company are short sold.
Global X Short-Term Treasury Ladder ETF Stock Performance
SLDR stock traded up $0.05 during trading on Thursday, hitting $49.72. The company had a trading volume of 2,249 shares, compared to its average volume of 9,659. Global X Short-Term Treasury Ladder ETF has a 1-year low of $49.50 and a 1-year high of $50.68. The firm has a 50-day moving average price of $49.71 and a 200-day moving average price of $49.96.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Global X Short-Term Treasury Ladder ETF stock. Pacific Sage Partners LLC grew its stake in Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR – Free Report) by 8.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 344,074 shares of the company’s stock after purchasing an additional 27,228 shares during the period. Global X Short-Term Treasury Ladder ETF makes up approximately 2.7% of Pacific Sage Partners LLC’s portfolio, making the stock its 9th biggest holding. Pacific Sage Partners LLC owned about 43.55% of Global X Short-Term Treasury Ladder ETF worth $17,212,000 at the end of the most recent reporting period.
About Global X Short-Term Treasury Ladder ETF
The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.
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