Short Interest in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Decreases By 50.1%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 563,920 shares, a drop of 50.1% from the August 15th total of 1,129,550 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 5,797,806 shares, the short-interest ratio is currently 0.1 days.

SPDR Portfolio Long Term Treasury ETF Stock Performance

NYSEARCA:SPTL traded up $0.04 during mid-day trading on Wednesday, reaching $24.69. The stock had a trading volume of 7,986,768 shares, compared to its average volume of 6,451,893. SPDR Portfolio Long Term Treasury ETF has a 12 month low of $24.58 and a 12 month high of $27.70. The stock has a 50-day simple moving average of $25.25 and a two-hundred day simple moving average of $25.86.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in SPDR Portfolio Long Term Treasury ETF by 52.0% during the 1st quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after purchasing an additional 4,995,927 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 21.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock worth $407,567,000 after purchasing an additional 2,767,751 shares during the period. LPL Financial LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 22.3% in the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after purchasing an additional 2,205,261 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 102.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,613,565 shares of the company’s stock valued at $69,181,000 after purchasing an additional 1,319,951 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 473.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,535,570 shares of the company’s stock worth $40,633,000 after buying an additional 1,267,676 shares during the period.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.