SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Update

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 2,593,832 shares, a growth of 163.1% from the May 14th total of 985,763 shares. Based on an average daily volume of 8,101,937 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SPTL. AQR Capital Management LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 36.3% in the first quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock worth $660,000 after acquiring an additional 6,448 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in SPDR Portfolio Long Term Treasury ETF during the second quarter valued at approximately $326,000. Diversify Advisory Services LLC grew its position in SPDR Portfolio Long Term Treasury ETF by 43.3% during the second quarter. Diversify Advisory Services LLC now owns 22,179 shares of the company’s stock valued at $582,000 after purchasing an additional 6,698 shares in the last quarter. Jane Street Group LLC grew its position in SPDR Portfolio Long Term Treasury ETF by 1,425.7% during the second quarter. Jane Street Group LLC now owns 141,893 shares of the company’s stock valued at $3,772,000 after purchasing an additional 132,593 shares in the last quarter. Finally, Strategic Wealth Investment Group LLC grew its position in SPDR Portfolio Long Term Treasury ETF by 15.6% during the second quarter. Strategic Wealth Investment Group LLC now owns 92,773 shares of the company’s stock valued at $2,466,000 after purchasing an additional 12,545 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPDR Portfolio Long Term Treasury ETF stock traded down $0.08 during trading on Friday, hitting $26.02. The stock had a trading volume of 5,172,771 shares, compared to its average volume of 7,144,617. The stock has a 50 day simple moving average of $26.03 and a 200 day simple moving average of $26.44. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $25.20 and a 1 year high of $27.70.

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.