SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Sees Significant Decrease in Short Interest

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 941 shares, a decline of 56.9% from the May 31st total of 2,185 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 66,050 shares, the short-interest ratio is currently 0.0 days.

SPDR SSgA Ultra Short Term Bond ETF Trading Down 0.3%

Shares of SPDR SSgA Ultra Short Term Bond ETF stock traded down $0.12 during trading hours on Wednesday, reaching $40.30. 53,371 shares of the company’s stock were exchanged, compared to its average volume of 123,095. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.20 and a 52-week high of $40.72. The company has a fifty day moving average of $40.41 and a 200-day moving average of $40.48.

Hedge Funds Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Large investors have recently added to or reduced their stakes in the business. CWM LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 6.8% in the 4th quarter. CWM LLC now owns 3,802,612 shares of the company’s stock valued at $154,025,000 after buying an additional 240,602 shares during the period. Norris Financial Group LLC purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth about $4,305,000. Bank of America Corp DE lifted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 36.3% during the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock worth $11,130,000 after acquiring an additional 72,900 shares during the period. TRUE Private Wealth Advisors acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the third quarter worth approximately $2,784,000. Finally, Jane Street Group LLC boosted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 349.1% in the second quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock worth $3,208,000 after acquiring an additional 61,333 shares during the last quarter.

About SPDR SSgA Ultra Short Term Bond ETF

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.