SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Shares Shorted: Short Interest Up 192.3% in October

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 13,869 shares, a growth of 192.3% from the September 30th total of 4,745 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 45,285 shares, the days-to-cover ratio is currently 0.3 days.

SPDR SSgA Ultra Short Term Bond ETF Stock Up 0.0%

Shares of SPDR SSgA Ultra Short Term Bond ETF stock traded up $0.02 on Friday, hitting $40.31. The stock had a trading volume of 51,400 shares, compared to its average volume of 101,625. SPDR SSgA Ultra Short Term Bond ETF has a one year low of $40.11 and a one year high of $40.70. The stock’s 50-day simple moving average is $40.26 and its two-hundred day simple moving average is $40.39.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ULST. Gerber Kawasaki Wealth & Investment Management acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF in the third quarter valued at $450,000. Vise Technologies Inc. grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 25.7% in the 3rd quarter. Vise Technologies Inc. now owns 11,453 shares of the company’s stock worth $461,000 after buying an additional 2,340 shares in the last quarter. BIP Wealth LLC lifted its position in SPDR SSgA Ultra Short Term Bond ETF by 6.1% in the third quarter. BIP Wealth LLC now owns 705,431 shares of the company’s stock worth $28,390,000 after purchasing an additional 40,329 shares during the period. Fifth Third Securities Inc. boosted its stake in shares of SPDR SSgA Ultra Short Term Bond ETF by 13.7% during the 3rd quarter. Fifth Third Securities Inc. now owns 19,153 shares of the company’s stock worth $771,000 after acquiring an additional 2,305 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in SPDR SSgA Ultra Short Term Bond ETF by 2.6% in the 3rd quarter. Salem Investment Counselors Inc. now owns 18,871 shares of the company’s stock valued at $759,000 after buying an additional 475 shares during the period.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.