Short Interest in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Decreases By 54.3%

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 22,839 shares, a decrease of 54.3% from the April 15th total of 49,951 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 51,210 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On SPDR Bloomberg International Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in IBND. Fifth Third Bancorp purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the first quarter worth $26,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth $39,000. Kestra Advisory Services LLC purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth $41,000. Jones Financial Companies Lllp grew its holdings in shares of SPDR Bloomberg International Corporate Bond ETF by 97.0% during the third quarter. Jones Financial Companies Lllp now owns 1,655 shares of the company’s stock worth $53,000 after buying an additional 815 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the fourth quarter worth $58,000.

SPDR Bloomberg International Corporate Bond ETF Stock Performance

NYSEARCA:IBND traded down $0.19 during trading hours on Friday, reaching $31.24. 46,095 shares of the company were exchanged, compared to its average volume of 147,117. The stock’s 50-day moving average is $31.46 and its 200-day moving average is $31.89. SPDR Bloomberg International Corporate Bond ETF has a twelve month low of $30.59 and a twelve month high of $33.20.

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.