SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 895,869 shares, a growth of 261.2% from the July 15th total of 248,013 shares. Based on an average daily volume of 903,169 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR Portfolio Mortgage Backed Bond ETF

Several institutional investors have recently bought and sold shares of SPMB. Financial Engines Advisors L.L.C. raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock valued at $4,231,117,000 after purchasing an additional 2,759,654 shares during the period. State Street Corp boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 69.8% in the fourth quarter. State Street Corp now owns 5,020,182 shares of the company’s stock worth $112,527,000 after buying an additional 2,064,451 shares during the period. LPL Financial LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after buying an additional 1,974,582 shares in the last quarter. Financial Plan Inc. acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $23,264,000. Finally, 93 Financial Group LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at about $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

NYSEARCA:SPMB traded up $0.13 during trading hours on Thursday, reaching $22.13. 138,024 shares of the company were exchanged, compared to its average volume of 1,021,625. The stock has a 50 day simple moving average of $22.14 and a 200 day simple moving average of $22.32. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.88 and a 52-week high of $22.87.

About SPDR Portfolio Mortgage Backed Bond ETF

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.