SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Stock Short Interest Report for September

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 2,939,484 shares, a decline of 55.6% from the September 15th total of 6,627,679 shares. Based on an average daily trading volume, of 9,146,474 shares, the short-interest ratio is currently 0.3 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Trading of SPDR Portfolio Short Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Atwood & Palmer Inc. purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at approximately $39,000. Brown Lisle Cummings Inc. grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 300.3% during the second quarter. Brown Lisle Cummings Inc. now owns 1,397 shares of the company’s stock worth $42,000 after acquiring an additional 1,048 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% during the first quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $61,000 after acquiring an additional 1,046 shares during the last quarter. Root Financial Partners LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 112.2% in the 1st quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock valued at $71,000 after acquiring an additional 1,252 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $76,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB stock remained flat at $29.61 during midday trading on Tuesday. The company’s stock had a trading volume of 2,139,142 shares, compared to its average volume of 4,111,232. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.45 and a 12 month high of $30.34. The firm has a 50-day moving average price of $29.77 and a two-hundred day moving average price of $29.91.

About SPDR Portfolio Short Term Corporate Bond ETF

The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Treasury index. The fund tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity. SPSB was launched on Dec 16, 2009 and is managed by State Street.