SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISR) Sees Large Growth in Short Interest

SPDR SSGA Fixed Income Sector Rotation ETF (NYSEARCA:FISRGet Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 147,539 shares, an increase of 208.0% from the July 30th total of 47,903 shares. Based on an average trading volume of 563,330 shares, the short-interest ratio is currently 0.3 days. Approximately 0.8% of the company’s stock are sold short.

SPDR SSGA Fixed Income Sector Rotation ETF Stock Performance

FISR stock traded down $0.05 during midday trading on Thursday, hitting $25.31. The company’s stock had a trading volume of 59,451 shares, compared to its average volume of 181,545. The firm’s 50-day moving average is $25.37 and its 200-day moving average is $25.61. SPDR SSGA Fixed Income Sector Rotation ETF has a 12 month low of $25.10 and a 12 month high of $26.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Creative Financial Designs Inc. ADV lifted its stake in SPDR SSGA Fixed Income Sector Rotation ETF by 4.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 19,025 shares of the company’s stock valued at $493,000 after acquiring an additional 796 shares during the period. Farther Finance Advisors LLC grew its stake in shares of SPDR SSGA Fixed Income Sector Rotation ETF by 160.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $36,000 after acquiring an additional 856 shares during the period. Finally, FSA Advisors Inc. bought a new stake in shares of SPDR SSGA Fixed Income Sector Rotation ETF in the fourth quarter worth approximately $396,000.

About SPDR SSGA Fixed Income Sector Rotation ETF

(Get Free Report)

The SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed portfolio of fixed income ETFs classified within favorable sectors. FISR was launched on Apr 2, 2019 and is managed by State Street.

Further Reading

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