SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Down 45.5% in June

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,177,988 shares, a decline of 45.5% from the May 31st total of 2,159,478 shares. Based on an average daily trading volume, of 2,386,896 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in SPTI. WealthPoint Financial LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter worth about $228,000. Capasso Planning Partners LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.4% in the 1st quarter. Capasso Planning Partners LLC now owns 410,309 shares of the company’s stock valued at $11,759,000 after purchasing an additional 20,920 shares in the last quarter. Verus Capital Partners LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 130.0% during the 1st quarter. Verus Capital Partners LLC now owns 199,291 shares of the company’s stock worth $5,712,000 after purchasing an additional 112,627 shares during the period. Strategic Investment Advisors MI grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 16.4% during the 1st quarter. Strategic Investment Advisors MI now owns 46,086 shares of the company’s stock worth $1,319,000 after purchasing an additional 6,484 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter worth approximately $7,835,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

SPTI stock opened at $28.29 on Friday. The business has a fifty day simple moving average of $28.37 and a 200-day simple moving average of $28.65. SPDR Portfolio Intermediate Term Treasury ETF has a 52 week low of $28.09 and a 52 week high of $29.24.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

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.