SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Significant Drop in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 595,894 shares, a drop of 47.8% from the December 31st total of 1,142,264 shares. Based on an average daily trading volume, of 7,721,702 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 7,721,702 shares, the days-to-cover ratio is currently 0.1 days.

SPDR Portfolio Long Term Treasury ETF Stock Down 0.4%

Shares of SPTL stock traded down $0.11 during trading hours on Friday, reaching $26.44. 6,824,456 shares of the stock traded hands, compared to its average volume of 7,217,103. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.17 and a 1-year high of $28.14. The business has a fifty day moving average price of $26.66 and a 200 day moving average price of $26.71.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

Several institutional investors have recently made changes to their positions in SPTL. Genesee Capital Advisors LLC lifted its stake in SPDR Portfolio Long Term Treasury ETF by 0.4% in the second quarter. Genesee Capital Advisors LLC now owns 111,789 shares of the company’s stock valued at $2,971,000 after acquiring an additional 465 shares during the last quarter. Elevated Capital Advisors LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 1.3% during the 4th quarter. Elevated Capital Advisors LLC now owns 35,309 shares of the company’s stock valued at $935,000 after purchasing an additional 468 shares in the last quarter. Independent Advisor Alliance lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 2.3% in the 3rd quarter. Independent Advisor Alliance now owns 21,658 shares of the company’s stock valued at $584,000 after purchasing an additional 496 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 12.9% in the third quarter. TD Waterhouse Canada Inc. now owns 4,383 shares of the company’s stock worth $118,000 after purchasing an additional 502 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its position in SPDR Portfolio Long Term Treasury ETF by 2.5% during the third quarter. Walkner Condon Financial Advisors LLC now owns 21,731 shares of the company’s stock worth $586,000 after buying an additional 539 shares during 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.