Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Declines By 76.2%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,022 shares, a decline of 76.2% from the May 31st total of 21,143 shares. Based on an average trading volume of 64,450 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

SPDR Bloomberg International Corporate Bond ETF Stock Performance

SPDR Bloomberg International Corporate Bond ETF stock opened at $31.13 on Friday. The stock’s 50-day moving average is $31.48 and its 200-day moving average is $31.80. SPDR Bloomberg International Corporate Bond ETF has a 12 month low of $30.65 and a 12 month high of $33.20.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IBND. Jones Financial Companies Lllp lifted its position in SPDR Bloomberg International Corporate Bond ETF by 68.5% during the first quarter. Jones Financial Companies Lllp now owns 2,282 shares of the company’s stock valued at $67,000 after buying an additional 928 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the second quarter worth $1,760,000. Baird Financial Group Inc. acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the second quarter worth $784,000. Transamerica Financial Advisors LLC raised its stake in shares of SPDR Bloomberg International Corporate Bond ETF by 20,008.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 27,146 shares of the company’s stock valued at $885,000 after acquiring an additional 27,011 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the 2nd quarter valued at $1,242,000.

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.