SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Short Interest Update

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,020,380 shares, a decline of 35.0% from the June 30th total of 1,569,660 shares. Based on an average daily volume of 2,787,836 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.2%

SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.08 on Friday. The stock has a 50 day moving average of $28.25 and a 200-day moving average of $28.55. SPDR Portfolio Intermediate Term Treasury ETF has a 52 week low of $28.00 and a 52 week high of $29.24.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter worth $27,000. Franklin Resources Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after purchasing an additional 449 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 1st quarter valued at about $37,000. Smartleaf Asset Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at about $42,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the second quarter worth about $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.