SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Stock Short Interest Jumps 121.1%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,246,655 shares, an increase of 121.1% from the August 31st total of 563,920 shares. Based on an average daily volume of 6,264,031 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of SPTL. State Street Corp raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 13.0% in the 2nd quarter. State Street Corp now owns 77,418,976 shares of the company’s stock worth $2,030,700,000 after purchasing an additional 8,901,340 shares during the period. Bank of America Corp DE increased its holdings in SPDR Portfolio Long Term Treasury ETF by 52.0% in the 1st quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after acquiring an additional 4,995,927 shares during the last quarter. LPL Financial LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF by 22.3% during the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after buying an additional 2,205,261 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Long Term Treasury ETF by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock valued at $311,543,000 after purchasing an additional 935,837 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 0.6% in the 1st quarter. Assetmark Inc. now owns 5,830,936 shares of the company’s stock valued at $153,354,000 after acquiring an additional 34,452 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL traded down $0.10 during trading hours on Tuesday, hitting $23.96. The stock had a trading volume of 25,843,567 shares, compared to its average volume of 6,806,205. The firm has a 50 day simple moving average of $25.06 and a 200-day simple moving average of $25.71. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $23.85 and a 1-year high of $27.70.

About SPDR Portfolio Long Term Treasury ETF

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.