SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Drop in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,129,550 shares, a decrease of 32.6% from the July 30th total of 1,675,705 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 4,564,874 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Several institutional investors have recently made changes to their positions in the company. One Day In July LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 10.3% in the fourth quarter. One Day In July LLC now owns 3,229,859 shares of the company’s stock valued at $85,494,000 after buying an additional 300,467 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 21.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock valued at $407,567,000 after acquiring an additional 2,767,751 shares during the period. Mason Street Advisors LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 0.9% in the fourth quarter. Mason Street Advisors LLC now owns 3,997,680 shares of the company’s stock worth $105,819,000 after acquiring an additional 35,040 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in SPDR Portfolio Long Term Treasury ETF by 924.0% during the 4th quarter. Kingsview Wealth Management LLC now owns 290,610 shares of the company’s stock worth $7,692,000 after purchasing an additional 262,230 shares during the period. Finally, Principal Securities Inc. raised its holdings in SPDR Portfolio Long Term Treasury ETF by 8.9% in the fourth quarter. Principal Securities Inc. now owns 427,435 shares of the company’s stock valued at $11,314,000 after acquiring an additional 34,984 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.1%

SPTL opened at $25.03 on Thursday. SPDR Portfolio Long Term Treasury ETF has a one year low of $24.84 and a one year high of $27.70. The stock’s 50 day moving average price is $25.47 and its 200-day moving average price is $26.00.

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.