SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Significant Growth in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 61,403 shares, a growth of 8,735.0% from the June 15th total of 695 shares. Based on an average trading volume of 208,347 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.6% of the company’s shares are short sold.

Institutional Trading of SPDR Bloomberg Short Term International Treasury Bond ETF

Hedge funds have recently bought and sold shares of the stock. RMG Wealth Management LLC bought a new position in SPDR Bloomberg Short Term International Treasury Bond ETF in the first quarter valued at approximately $76,643,000. Osaic Holdings Inc. increased its position in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 2.2% during the fourth quarter. Osaic Holdings Inc. now owns 1,241,128 shares of the company’s stock worth $34,019,000 after acquiring an additional 26,196 shares in the last quarter. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF during the fourth quarter worth $27,526,000. Financial Management Professionals Inc. raised its holdings in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 6.8% during the fourth quarter. Financial Management Professionals Inc. now owns 864,501 shares of the company’s stock worth $23,696,000 after acquiring an additional 54,938 shares during the period. Finally, Checchi Capital Advisers LLC raised its holdings in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 7.8% during the first quarter. Checchi Capital Advisers LLC now owns 640,878 shares of the company’s stock worth $17,252,000 after acquiring an additional 46,523 shares during the period.

SPDR Bloomberg Short Term International Treasury Bond ETF Trading Up 0.3%

Shares of NYSEARCA BWZ traded up $0.09 during mid-day trading on Friday, reaching $26.82. 17,753 shares of the company’s stock were exchanged, compared to its average volume of 101,754. The business has a fifty day simple moving average of $27.02 and a 200 day simple moving average of $27.27. SPDR Bloomberg Short Term International Treasury Bond ETF has a twelve month low of $26.56 and a twelve month high of $28.26.

About SPDR Bloomberg Short Term International Treasury Bond ETF

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.