Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Rises By 775.1%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 43,949 shares, an increase of 775.1% from the June 15th total of 5,022 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 110,863 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its position in shares of SPDR Bloomberg International Corporate Bond ETF by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,285,819 shares of the company’s stock valued at $41,288,000 after acquiring an additional 272,654 shares during the period. Aspect Partners LLC purchased a new stake in SPDR Bloomberg International Corporate Bond ETF during the 4th quarter valued at about $2,038,000. FSA Wealth Partners Inc. grew its stake in SPDR Bloomberg International Corporate Bond ETF by 108.6% during the 4th quarter. FSA Wealth Partners Inc. now owns 72,473 shares of the company’s stock valued at $2,327,000 after purchasing an additional 37,724 shares during the last quarter. Optima Capital LLC acquired a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the fourth quarter valued at about $1,544,000. Finally, Hyundai Investments Co. Ltd. acquired a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the fourth quarter valued at about $642,000.

SPDR Bloomberg International Corporate Bond ETF Price Performance

NYSEARCA IBND opened at $31.02 on Monday. The firm’s fifty day simple moving average is $31.34 and its two-hundred day simple moving average is $31.73. SPDR Bloomberg International Corporate Bond ETF has a 12-month low of $30.65 and a 12-month high of $33.20.

SPDR Bloomberg International Corporate Bond ETF Company Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.