Short Interest in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Rises By 78.3%

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,319,138 shares, an increase of 78.3% from the May 31st total of 739,930 shares. Based on an average daily trading volume, of 1,391,360 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of large investors have recently made changes to their positions in the stock. Gradient Investments LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 4.3% during the fourth quarter. Gradient Investments LLC now owns 582,225 shares of the company’s stock worth $17,048,000 after buying an additional 24,040 shares during the period. Evermay Wealth Management LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 5.8% during the 4th quarter. Evermay Wealth Management LLC now owns 2,721,333 shares of the company’s stock valued at $79,681,000 after acquiring an additional 149,931 shares during the period. Dagco Inc. lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 32.5% during the 4th quarter. Dagco Inc. now owns 1,513,995 shares of the company’s stock valued at $44,330,000 after acquiring an additional 371,484 shares during the period. First Affirmative Financial Network boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 34.7% during the 3rd quarter. First Affirmative Financial Network now owns 307,054 shares of the company’s stock worth $9,003,000 after acquiring an additional 79,167 shares in the last quarter. Finally, Guild Investment Management Inc. purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $4,538,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

NYSEARCA:SPTS opened at $28.90 on Thursday. The stock has a fifty day moving average price of $29.02 and a two-hundred day moving average price of $29.16. The stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of -64.26 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.90 and a 1 year high of $29.40.

SPDR Portfolio Short Term Treasury ETF Company Profile

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.