SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Stock Short Interest Declines 68.6%

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 84,955 shares, a decrease of 68.6% from the October 15th total of 270,912 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 144,240 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of SPDR Bloomberg Short Term International Treasury Bond ETF

Large investors have recently modified their holdings of the stock. Lam Group Inc. raised its holdings in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 20.3% during the second quarter. Lam Group Inc. now owns 264,206 shares of the company’s stock valued at $7,067,000 after purchasing an additional 44,606 shares during the period. Royal Bank of Canada raised its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 19.1% in the 1st quarter. Royal Bank of Canada now owns 212,871 shares of the company’s stock valued at $5,730,000 after buying an additional 34,136 shares during the last quarter. Bank of America Corp DE lifted its position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 103.3% during the first quarter. Bank of America Corp DE now owns 89,287 shares of the company’s stock valued at $2,404,000 after purchasing an additional 45,377 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the first quarter valued at approximately $76,643,000. Finally, Financial Management Professionals Inc. purchased a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the third quarter worth $25,656,000.

SPDR Bloomberg Short Term International Treasury Bond ETF Trading Down 0.0%

BWZ traded down $0.01 during trading on Friday, reaching $26.38. 5,419 shares of the company’s stock were exchanged, compared to its average volume of 92,493. The firm has a fifty day moving average price of $26.82 and a two-hundred day moving average price of $27.10. SPDR Bloomberg Short Term International Treasury Bond ETF has a one year low of $26.32 and a one year high of $28.26.

About SPDR Bloomberg Short Term International Treasury Bond ETF

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.