SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) Sees Large Increase in Short Interest

SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 22,244 shares, a growth of 71.2% from the May 31st total of 12,993 shares. Based on an average daily trading volume, of 9,925 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of SPDR SSGA Apollo IG Public & Private Credit ETF

A number of hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. acquired a new position in SPDR SSGA Apollo IG Public & Private Credit ETF during the 1st quarter valued at about $10,020,000. Beaumont Financial Advisors LLC grew its stake in shares of SPDR SSGA Apollo IG Public & Private Credit ETF by 1,113.4% during the first quarter. Beaumont Financial Advisors LLC now owns 330,905 shares of the company’s stock worth $8,347,000 after acquiring an additional 303,635 shares during the last quarter. Jane Street Group LLC grew its stake in shares of SPDR SSGA Apollo IG Public & Private Credit ETF by 523.6% during the fourth quarter. Jane Street Group LLC now owns 279,057 shares of the company’s stock worth $7,091,000 after acquiring an additional 234,307 shares during the last quarter. Mariner LLC increased its holdings in shares of SPDR SSGA Apollo IG Public & Private Credit ETF by 184.7% during the third quarter. Mariner LLC now owns 182,632 shares of the company’s stock valued at $4,659,000 after acquiring an additional 118,472 shares in the last quarter. Finally, Reflection Asset Management acquired a new position in shares of SPDR SSGA Apollo IG Public & Private Credit ETF during the fourth quarter valued at about $2,649,000.

SPDR SSGA Apollo IG Public & Private Credit ETF Stock Performance

Shares of PRIV remained flat at $25.02 during mid-day trading on Thursday. 22,845 shares of the stock traded hands, compared to its average volume of 212,267. The company has a 50-day moving average price of $25.16 and a 200-day moving average price of $25.33. SPDR SSGA Apollo IG Public & Private Credit ETF has a 52-week low of $24.84 and a 52-week high of $25.79.

SPDR SSGA Apollo IG Public & Private Credit ETF Company Profile

The SPDR SSgA Apollo IG Public & Private Credit ETF (PRIV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in a wide variety of debt securities with different maturities, including public and private credit, in addition to illiquid securities. PRIV was launched on Feb 26, 2025 and is issued by State Street.