SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Down 35.0% in July

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 1,020,380 shares, a decline of 35.0% from the June 30th total of 1,569,660 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,787,836 shares, the days-to-cover ratio is currently 0.4 days.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTI traded down $0.10 during mid-day trading on Friday, hitting $28.04. 1,108,084 shares of the company traded hands, compared to its average volume of 2,549,792. The firm’s 50 day simple moving average is $28.26 and its 200 day simple moving average is $28.55. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.00 and a 52-week high of $29.24.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. GenWealth Group Inc. grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 9.2% during the 2nd quarter. GenWealth Group Inc. now owns 66,112 shares of the company’s stock valued at $1,877,000 after purchasing an additional 5,592 shares in the last quarter. Paladin Wealth LLC boosted its position in SPDR Portfolio Intermediate Term Treasury ETF by 13.2% in the 2nd quarter. Paladin Wealth LLC now owns 50,573 shares of the company’s stock valued at $1,436,000 after buying an additional 5,884 shares during the last quarter. Melone Private Wealth LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 0.5% during the second quarter. Melone Private Wealth LLC now owns 512,824 shares of the company’s stock valued at $14,559,000 after acquiring an additional 2,683 shares in the last quarter. Ehrlich Financial Group increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 22.3% during the second quarter. Ehrlich Financial Group now owns 121,365 shares of the company’s stock worth $3,446,000 after acquiring an additional 22,099 shares during the last quarter. Finally, Private Wealth Group LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 4.2% in the second quarter. Private Wealth Group LLC now owns 138,874 shares of the company’s stock worth $3,943,000 after acquiring an additional 5,608 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.