Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) Sees Large Decrease in Short Interest

Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,965 shares, a decline of 44.8% from the July 30th total of 3,559 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 4,674 shares, the short-interest ratio is currently 0.4 days.

Global X Short-Term Treasury Ladder ETF Stock Up 0.3%

Global X Short-Term Treasury Ladder ETF stock traded up $0.15 during mid-day trading on Tuesday, hitting $49.72. The company’s stock had a trading volume of 698 shares, compared to its average volume of 8,722. The firm’s 50 day moving average is $49.68 and its 200 day moving average is $49.86. Global X Short-Term Treasury Ladder ETF has a 52-week low of $49.50 and a 52-week high of $50.68.

Institutional Trading of Global X Short-Term Treasury Ladder ETF

An institutional investor recently raised its stake in Global X Short-Term Treasury Ladder ETF stock. Pacific Sage Partners LLC increased its stake in shares of Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) by 8.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 344,074 shares of the company’s stock after purchasing an additional 27,228 shares during the quarter. Global X Short-Term Treasury Ladder ETF makes up approximately 2.7% of Pacific Sage Partners LLC’s portfolio, making the stock its 9th largest position. Pacific Sage Partners LLC owned about 43.55% of Global X Short-Term Treasury Ladder ETF worth $17,212,000 as of its most recent SEC filing.

About Global X Short-Term Treasury Ladder ETF

The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.