SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Update

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 27,591 shares, a growth of 594.6% from the April 30th total of 3,972 shares. Based on an average daily volume of 96,742 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC raised its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 28.6% in the 1st quarter. AQR Capital Management LLC now owns 105,984 shares of the company’s stock worth $4,308,000 after acquiring an additional 23,540 shares in the last quarter. NewEdge Advisors LLC grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 45.4% in the first quarter. NewEdge Advisors LLC now owns 16,130 shares of the company’s stock valued at $656,000 after purchasing an additional 5,038 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in SPDR SSgA Ultra Short Term Bond ETF in the first quarter valued at about $37,000. Jane Street Group LLC raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 349.1% in the second quarter. Jane Street Group LLC now owns 78,904 shares of the company’s stock worth $3,208,000 after purchasing an additional 61,333 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 36.3% in the second quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock worth $11,130,000 after purchasing an additional 72,900 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Trading Up 0.0%

NYSEARCA ULST opened at $40.49 on Friday. The firm’s 50 day moving average price is $40.43 and its 200-day moving average price is $40.51. SPDR SSgA Ultra Short Term Bond ETF has a 52-week low of $40.20 and a 52-week high of $40.72.

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.