SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Shares Shorted: Short Interest Up 584.7% in October

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 72,655 shares, an increase of 584.7% from the September 30th total of 10,611 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 114,117 shares, the days-to-cover ratio is currently 0.6 days.

SPDR Portfolio Treasury ETF Stock Down 0.2%

Shares of SPTB traded down $0.07 during mid-day trading on Wednesday, hitting $29.20. 54,987 shares of the stock were exchanged, compared to its average volume of 120,795. SPDR Portfolio Treasury ETF has a 52-week low of $28.63 and a 52-week high of $30.96. The firm has a 50-day moving average of $29.21 and a two-hundred day moving average of $29.91.

Institutional Trading of SPDR Portfolio Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of SPTB. IFP Advisors Inc bought a new stake in SPDR Portfolio Treasury ETF during the 3rd quarter valued at $82,000. Citadel Advisors LLC raised its holdings in shares of SPDR Portfolio Treasury ETF by 10.4% in the second quarter. Citadel Advisors LLC now owns 105,239 shares of the company’s stock worth $3,163,000 after buying an additional 9,885 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio Treasury ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,484,913 shares of the company’s stock valued at $44,636,000 after buying an additional 19,974 shares during the last quarter. Schwallier Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Treasury ETF during the first quarter valued at $620,000. Finally, Sei Investments Co. acquired a new position in shares of SPDR Portfolio Treasury ETF in the 1st quarter valued at $2,061,000.

SPDR Portfolio Treasury ETF Company Profile

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.