SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Up 1,904.6% in June

by · The Markets Daily

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 18,863 shares, a growth of 1,904.6% from the June 15th total of 941 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 43,489 shares, the short-interest ratio is currently 0.4 days.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of SPDR SSgA Ultra Short Term Bond ETF stock remained flat at $40.33 on Friday. The company had a trading volume of 40,319 shares, compared to its average volume of 120,949. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.20 and a 12-month high of $40.72. The company has a fifty day simple moving average of $40.38 and a 200 day simple moving average of $40.47.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC raised its holdings in SPDR SSgA Ultra Short Term Bond ETF by 6.8% in the 4th quarter. CWM LLC now owns 3,802,612 shares of the company’s stock worth $154,025,000 after purchasing an additional 240,602 shares during the period. Norris Financial Group LLC purchased a new position in shares of SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter valued at approximately $4,305,000. Kraft Davis & Associates LLC acquired a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter valued at $4,228,000. Bank of America Corp DE grew its stake in SPDR SSgA Ultra Short Term Bond ETF by 36.3% in the 2nd quarter. Bank of America Corp DE now owns 273,743 shares of the company’s stock valued at $11,130,000 after acquiring an additional 72,900 shares during the period. Finally, TRUE Private Wealth Advisors purchased a new stake in SPDR SSgA Ultra Short Term Bond ETF in the 3rd quarter worth $2,784,000.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

(Get Free Report)

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.

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