SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Large Drop in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 142,801 shares, a drop of 82.1% from the July 30th total of 797,510 shares. Based on an average trading volume of 39,999 shares, the short-interest ratio is currently 3.6 days. Approximately 1.4% of the company’s shares are sold short.

Institutional Trading of SPDR Bloomberg Short Term International Treasury Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Palisades Hudson Asset Management L.P. raised its stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 3.0% in the 4th quarter. Palisades Hudson Asset Management L.P. now owns 20,069 shares of the company’s stock valued at $550,000 after acquiring an additional 580 shares during the period. MML Investors Services LLC boosted its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 1.2% during the 2nd quarter. MML Investors Services LLC now owns 53,822 shares of the company’s stock worth $1,511,000 after purchasing an additional 631 shares during the period. LFA Lugano Financial Advisors SA boosted its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 12.6% during the 1st quarter. LFA Lugano Financial Advisors SA now owns 7,271 shares of the company’s stock worth $195,000 after purchasing an additional 814 shares during the period. Legacy Wealth Asset Management LLC boosted its position in SPDR Bloomberg Short Term International Treasury Bond ETF by 3.0% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 30,582 shares of the company’s stock worth $818,000 after purchasing an additional 905 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in SPDR Bloomberg Short Term International Treasury Bond ETF by 1.1% in the 1st quarter. Quantinno Capital Management LP now owns 101,032 shares of the company’s stock valued at $2,720,000 after purchasing an additional 1,107 shares in the last quarter.

SPDR Bloomberg Short Term International Treasury Bond ETF Stock Performance

BWZ stock remained flat at $27.32 on Thursday. 16,037 shares of the company traded hands, compared to its average volume of 95,201. SPDR Bloomberg Short Term International Treasury Bond ETF has a 1 year low of $26.50 and a 1 year high of $28.26. The company has a fifty day simple moving average of $26.92 and a two-hundred day simple moving average of $27.15.

SPDR Bloomberg Short Term International Treasury Bond ETF Company Profile

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.