SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Short Interest Update

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 207,291 shares, a growth of 609.9% from the August 31st total of 29,199 shares. Based on an average trading volume of 85,302 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.4% of the shares of the stock are sold short.

Institutional Trading of SPDR Bloomberg International Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp purchased a new stake in SPDR Bloomberg International Corporate Bond ETF in the 1st quarter valued at about $26,000. Dynamic Advisor Solutions LLC purchased a new position in SPDR Bloomberg International Corporate Bond ETF during the second quarter worth about $213,000. Fiduciary Financial Group LLC acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the second quarter valued at about $234,000. Roman Butler Fullerton & Co. acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the first quarter valued at about $308,000. Finally, Red Lighthouse Investment Management LLC raised its stake in shares of SPDR Bloomberg International Corporate Bond ETF by 9.8% in the 2nd quarter. Red Lighthouse Investment Management LLC now owns 9,780 shares of the company’s stock valued at $305,000 after acquiring an additional 869 shares during the period.

SPDR Bloomberg International Corporate Bond ETF Price Performance

Shares of SPDR Bloomberg International Corporate Bond ETF stock traded down $0.04 during mid-day trading on Thursday, reaching $30.01. 85,407 shares of the stock traded hands, compared to its average volume of 109,059. The business has a 50-day moving average of $30.92 and a 200 day moving average of $31.20. SPDR Bloomberg International Corporate Bond ETF has a fifty-two week low of $29.93 and a fifty-two week high of $33.20.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.