SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Sees Significant Decrease in Short Interest

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 22,839 shares, a decline of 54.3% from the April 15th total of 49,951 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 51,210 shares, the short-interest ratio is presently 0.4 days.

SPDR Bloomberg International Corporate Bond ETF Stock Performance

IBND stock traded down $0.19 during trading hours on Friday, hitting $31.24. The company’s stock had a trading volume of 46,095 shares, compared to its average volume of 147,117. SPDR Bloomberg International Corporate Bond ETF has a 12 month low of $30.59 and a 12 month high of $33.20. The stock has a 50 day moving average price of $31.46 and a two-hundred day moving average price of $31.89.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Several large investors have recently modified their holdings of IBND. Jones Financial Companies Lllp boosted its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 68.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,282 shares of the company’s stock worth $67,000 after buying an additional 928 shares during the period. First Trust Advisors LP bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth $1,760,000. Baird Financial Group Inc. bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth $784,000. Transamerica Financial Advisors LLC boosted its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 20,008.1% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 27,146 shares of the company’s stock worth $885,000 after buying an additional 27,011 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the 2nd quarter worth $1,242,000.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.