SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Significant Drop in Short Interest

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 664,113 shares, a decrease of 49.7% from the June 15th total of 1,319,138 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,610,070 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.3% in the fourth quarter. 1620 Investment Advisors Inc. now owns 105,913 shares of the company’s stock worth $3,101,000 after buying an additional 368 shares during the last quarter. Winch Advisory Services LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1.6% during the first quarter. Winch Advisory Services LLC now owns 25,667 shares of the company’s stock valued at $749,000 after buying an additional 410 shares during the last quarter. Clearstead Advisors LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock valued at $25,000 after buying an additional 426 shares during the last quarter. Parallel Advisors LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 6.3% in the 3rd quarter. Parallel Advisors LLC now owns 7,676 shares of the company’s stock valued at $225,000 after acquiring an additional 457 shares during the period. Finally, Venturi Wealth Management LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 8.1% in the 4th quarter. Venturi Wealth Management LLC now owns 7,746 shares of the company’s stock valued at $227,000 after acquiring an additional 579 shares during the period.

SPDR Portfolio Short Term Treasury ETF Stock Performance

SPTS stock traded down $0.01 during midday trading on Thursday, reaching $28.96. The company’s stock had a trading volume of 1,193,185 shares, compared to its average volume of 1,730,436. The stock has a fifty day simple moving average of $28.98 and a two-hundred day simple moving average of $29.13. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.89 and a 1 year high of $29.40. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of -64.39 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Company Profile

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.