SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Down 52.1% in April
by Teresa Graham · The Cerbat GemSPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL – Get Free Report) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,387,947 shares, a decrease of 52.1% from the April 15th total of 2,897,880 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,896,945 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF
Large investors have recently added to or reduced their stakes in the stock. Assetmark Inc. grew its position in SPDR Portfolio Long Term Treasury ETF by 0.7% during the third quarter. Assetmark Inc. now owns 4,807,100 shares of the company’s stock worth $129,551,000 after buying an additional 32,556 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter valued at $545,000. Balboa Wealth Partners acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the 4th quarter worth $679,000. Concurrent Investment Advisors LLC lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 336.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 54,263 shares of the company’s stock worth $1,462,000 after buying an additional 41,823 shares during the last quarter. Finally, Roberts Financial Services LLC lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 3.8% during the 4th quarter. Roberts Financial Services LLC now owns 524,738 shares of the company’s stock worth $13,890,000 after buying an additional 19,233 shares during the last quarter.
SPDR Portfolio Long Term Treasury ETF Trading Down 1.5%
NYSEARCA:SPTL traded down $0.38 during trading hours on Friday, reaching $25.45. 4,849,484 shares of the company were exchanged, compared to its average volume of 7,202,043. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.17 and a 1-year high of $27.70. The business has a 50 day moving average of $26.28 and a 200 day moving average of $26.63.
About SPDR Portfolio Long Term Treasury ETF
SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.