SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Update

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,159,478 shares, an increase of 93.4% from the May 14th total of 1,116,586 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 2,980,348 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

A number of large investors have recently modified their holdings of the stock. Caitlin John LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at $27,000. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter valued at $27,000. Franklin Resources Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after acquiring an additional 449 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the first quarter valued at $37,000. Finally, Addison Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.2%

NYSEARCA SPTI traded down $0.05 on Friday, reaching $28.30. The stock had a trading volume of 3,461,084 shares, compared to its average volume of 2,608,913. SPDR Portfolio Intermediate Term Treasury ETF has a 12-month low of $28.09 and a 12-month high of $29.24. The stock has a fifty day moving average price of $28.45 and a two-hundred day moving average price of $28.71.

About SPDR Portfolio Intermediate Term Treasury ETF

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.