Short Interest in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Increases By 163.1%

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 2,593,832 shares, a growth of 163.1% from the May 14th total of 985,763 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 8,101,937 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Rice Partnership LLC purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth $26,000. Financial Consulate Inc. grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 89.7% in the 4th quarter. Financial Consulate Inc. now owns 1,216 shares of the company’s stock worth $32,000 after buying an additional 575 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 3,313.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock worth $32,000 after buying an additional 1,193 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 707.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock worth $33,000 after buying an additional 1,090 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 174.6% in the 4th quarter. Sound Income Strategies LLC now owns 1,310 shares of the company’s stock worth $35,000 after buying an additional 833 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

SPTL traded down $0.08 during trading on Friday, hitting $26.02. 5,172,771 shares of the company traded hands, compared to its average volume of 7,144,617. The stock’s 50-day simple moving average is $26.03 and its two-hundred day simple moving average is $26.44. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $25.20 and a 1 year high of $27.70.

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.