SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) Sees Large Decline in Short Interest

SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 12,993 shares, a decrease of 51.3% from the May 14th total of 26,688 shares. Based on an average daily volume of 43,199 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

SPDR SSGA Apollo IG Public & Private Credit ETF Stock Performance

Shares of SPDR SSGA Apollo IG Public & Private Credit ETF stock traded down $0.02 during trading hours on Friday, hitting $25.12. The company’s stock had a trading volume of 3,627 shares, compared to its average volume of 233,935. SPDR SSGA Apollo IG Public & Private Credit ETF has a twelve month low of $24.82 and a twelve month high of $25.79. The firm has a fifty day moving average of $25.19 and a 200-day moving average of $25.37.

Hedge Funds Weigh In On SPDR SSGA Apollo IG Public & Private Credit ETF

Several hedge funds have recently bought and sold shares of the company. Beta Wealth Group Inc. lifted its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 97.0% during the 1st quarter. Beta Wealth Group Inc. now owns 39,048 shares of the company’s stock worth $985,000 after acquiring an additional 19,228 shares in the last quarter. Beaumont Financial Advisors LLC lifted its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 1,113.4% during the 1st quarter. Beaumont Financial Advisors LLC now owns 330,905 shares of the company’s stock worth $8,347,000 after acquiring an additional 303,635 shares in the last quarter. SMART Wealth LLC lifted its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 8.3% during the 1st quarter. SMART Wealth LLC now owns 29,114 shares of the company’s stock worth $734,000 after acquiring an additional 2,220 shares in the last quarter. Auour Investments LLC lifted its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 2.2% during the 1st quarter. Auour Investments LLC now owns 95,946 shares of the company’s stock worth $2,420,000 after acquiring an additional 2,041 shares in the last quarter. Finally, Paladin Wealth LLC lifted its stake in SPDR SSGA Apollo IG Public & Private Credit ETF by 11.8% during the 1st quarter. Paladin Wealth LLC now owns 31,939 shares of the company’s stock worth $806,000 after acquiring an additional 3,383 shares in the last quarter.

About SPDR SSGA Apollo IG Public & Private Credit ETF

The SPDR SSgA Apollo IG Public & Private Credit ETF (PRIV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in a wide variety of debt securities with different maturities, including public and private credit, in addition to illiquid securities. PRIV was launched on Feb 26, 2025 and is issued by State Street.