SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Short Interest Up 176.1% in August

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 123,448 shares, an increase of 176.1% from the July 30th total of 44,714 shares. Based on an average trading volume of 115,843 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.3% of the company’s stock are short sold.

SPDR Portfolio Treasury ETF Stock Performance

Shares of SPTB stock traded down $0.08 on Friday, hitting $29.63. The stock had a trading volume of 3,434,278 shares, compared to its average volume of 132,100. The business has a 50 day moving average of $29.77 and a 200 day moving average of $30.07. SPDR Portfolio Treasury ETF has a 12-month low of $29.55 and a 12-month high of $30.96.

Institutional Investors Weigh In On SPDR Portfolio Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in SPTB. Sei Investments Co. bought a new position in shares of SPDR Portfolio Treasury ETF during the 1st quarter worth approximately $2,061,000. Schwallier Wealth Management LLC bought a new position in shares of SPDR Portfolio Treasury ETF in the first quarter valued at approximately $620,000. Cetera Investment Advisers grew its holdings in shares of SPDR Portfolio Treasury ETF by 16.3% in the fourth quarter. Cetera Investment Advisers now owns 41,355 shares of the company’s stock valued at $1,258,000 after acquiring an additional 5,808 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of SPDR Portfolio Treasury ETF by 49.8% in the fourth quarter. Osaic Holdings Inc. now owns 18,986 shares of the company’s stock valued at $578,000 after acquiring an additional 6,314 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased 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 acquiring an additional 75,262 shares during 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.