SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Up 158.2% in March

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 2,752,008 shares, a growth of 158.2% from the March 15th total of 1,065,967 shares. Based on an average trading volume of 5,667,950 shares, the short-interest ratio is presently 0.5 days. Approximately 0.7% of the company’s stock are sold short.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.2%

SPDR Portfolio Aggregate Bond ETF stock opened at $25.67 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.93 and a 12-month high of $26.17. The firm’s fifty day moving average is $25.77 and its 200 day moving average is $25.83.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SPAB. State Street Corp raised its holdings in SPDR Portfolio Aggregate Bond ETF by 103.7% during the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after buying an additional 12,031,034 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter worth $180,265,000. LPL Financial LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 7.0% during the fourth quarter. LPL Financial LLC now owns 23,515,369 shares of the company’s stock worth $605,521,000 after buying an additional 1,545,797 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 12.1% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock worth $366,173,000 after buying an additional 1,530,403 shares during the last quarter. Finally, Donoghue Forlines LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth $32,772,000.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.