SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Down 56.9% in June

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 941 shares, a decline of 56.9% from the May 31st total of 2,185 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 66,050 shares, the short-interest ratio is presently 0.0 days.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of NYSEARCA:ULST remained flat at $40.42 during trading on Tuesday. The stock had a trading volume of 27,992 shares, compared to its average volume of 123,691. SPDR SSgA Ultra Short Term Bond ETF has a 1 year low of $40.20 and a 1 year high of $40.72. The business’s 50 day moving average price is $40.41 and its 200 day moving average price is $40.48.

Institutional Investors Weigh In On SPDR SSgA Ultra Short Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter valued at about $36,000. Geneos Wealth Management Inc. acquired a new position in shares of SPDR SSgA Ultra Short Term Bond ETF in the 1st quarter valued at approximately $37,000. Wells Fargo & Company MN lifted its holdings in shares of SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock worth $114,000 after acquiring an additional 2,805 shares during the period. Private Advisor Group LLC acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $226,000. Finally, Lane Brothers & Co. Inc. acquired a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter worth approximately $233,000.

About SPDR SSgA Ultra Short Term Bond ETF

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.