Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 493 shares, a decrease of 61.2% from the April 30th total of 1,272 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,653 shares, the days-to-cover ratio is currently 0.3 days.
Hedge Funds Weigh In On Global X Short-Term Treasury Ladder ETF
A hedge fund recently raised its stake in Global X Short-Term Treasury Ladder ETF stock. Jane Street Group LLC raised its position in shares of Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR – Free Report) by 26.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,690 shares of the company’s stock after acquiring an additional 2,042 shares during the quarter. Jane Street Group LLC owned approximately 1.28% of Global X Short-Term Treasury Ladder ETF worth $487,000 as of its most recent SEC filing.
Global X Short-Term Treasury Ladder ETF Stock Performance
SLDR stock traded up $0.03 during mid-day trading on Friday, reaching $49.88. 192 shares of the company’s stock were exchanged, compared to its average volume of 5,843. The stock’s 50 day moving average is $49.89 and its 200 day moving average is $50.15. Global X Short-Term Treasury Ladder ETF has a 12-month low of $49.50 and a 12-month high of $50.68.
About Global X Short-Term Treasury Ladder ETF
The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.
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