SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 8,891,899 shares, a decline of 35.7% from the July 30th total of 13,837,492 shares. Approximately 6.7% of the shares of the company are sold short. Based on an average trading volume of 2,161,590 shares, the days-to-cover ratio is currently 4.1 days.
Institutional Investors Weigh In On SPDR Blackstone Senior Loan ETF
Several institutional investors have recently made changes to their positions in SRLN. Signature Equity Partners LLC increased its stake in SPDR Blackstone Senior Loan ETF by 1,453.2% during the 1st quarter. Signature Equity Partners LLC now owns 730 shares of the company’s stock worth $29,000 after acquiring an additional 683 shares during the period. Abound Financial LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth $32,000. Beacon Capital Management Inc. grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 65.2% during the 4th quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock worth $35,000 after purchasing an additional 334 shares in the last quarter. Quarry LP bought a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter worth $36,000. Finally, Beacon Financial Strategies CORP acquired a new position in SPDR Blackstone Senior Loan ETF in the second quarter valued at about $37,000.
SPDR Blackstone Senior Loan ETF Stock Up 0.0%
NYSEARCA:SRLN opened at $40.48 on Thursday. SPDR Blackstone Senior Loan ETF has a 52 week low of $39.39 and a 52 week high of $41.63. The firm’s 50-day simple moving average is $40.41 and its 200 day simple moving average is $40.34.
SPDR Blackstone Senior Loan ETF Company Profile
The SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less. SRLN was launched on Apr 3, 2013 and is managed by State Street.
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