SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Short Interest Down 91.4% in April

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 30,367 shares, a drop of 91.4% from the April 15th total of 352,385 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 28,449 shares, the days-to-cover ratio is presently 1.1 days.

SPDR Portfolio Treasury ETF Price Performance

Shares of SPTB stock traded down $0.07 during trading hours on Tuesday, reaching $29.99. The company’s stock had a trading volume of 150,558 shares, compared to its average volume of 136,243. SPDR Portfolio Treasury ETF has a one year low of $29.88 and a one year high of $32.58. The firm’s fifty day simple moving average is $30.29 and its 200 day simple moving average is $30.47.

Institutional Investors Weigh In On SPDR Portfolio Treasury ETF

A number of large investors have recently made changes to their positions in SPTB. Integrated Capital Management Inc. bought a new stake in shares of SPDR Portfolio Treasury ETF in the 4th quarter worth approximately $6,690,000. LPL Financial LLC boosted its position in shares of SPDR Portfolio Treasury ETF by 1,341.5% during the fourth quarter. LPL Financial LLC now owns 101,583 shares of the company’s stock valued at $3,091,000 after purchasing an additional 94,536 shares in the last quarter. MML Investors Services LLC bought a new stake in shares of SPDR Portfolio Treasury ETF during the fourth quarter valued at approximately $2,476,000. Tower Research Capital LLC TRC boosted its position in shares of SPDR Portfolio Treasury ETF by 713.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 85,804 shares of the company’s stock valued at $2,611,000 after purchasing an additional 75,262 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of SPDR Portfolio Treasury ETF by 267.8% during the fourth quarter. Jane Street Group LLC now owns 71,988 shares of the company’s stock valued at $2,190,000 after purchasing an additional 52,416 shares in the last quarter.

About SPDR Portfolio Treasury ETF

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.