SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Shares Shorted: Short Interest Down 88.3% in October

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 968,663 shares, a decrease of 88.3% from the September 30th total of 8,313,719 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 15,978,120 shares, the days-to-cover ratio is currently 0.1 days.

SPDR Portfolio Long Term Treasury ETF Stock Down 0.1%

SPDR Portfolio Long Term Treasury ETF stock traded down $0.02 during mid-day trading on Tuesday, reaching $24.90. 1,893,657 shares of the company were exchanged, compared to its average volume of 7,644,001. The firm’s 50-day simple moving average is $24.62 and its two-hundred day simple moving average is $25.79. SPDR Portfolio Long Term Treasury ETF has a twelve month low of $23.46 and a twelve month high of $27.70.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. acquired a new position in SPDR Portfolio Long Term Treasury ETF in the third quarter valued at about $7,859,000. Park Avenue Securities LLC acquired a new stake in SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth approximately $17,860,000. Aegis Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the third quarter worth about $296,000. Leo Wealth LLC bought a new position in SPDR Portfolio Long Term Treasury ETF in the third quarter valued at $2,326,000. Finally, Broadway Wealth Solutions Inc. grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 8.6% in the third quarter. Broadway Wealth Solutions Inc. now owns 188,121 shares of the company’s stock valued at $4,487,000 after buying an additional 14,916 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.