SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Down 67.0% in June
by Michael Walen · The Markets DailySPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 856,864 shares, a drop of 67.0% from the May 31st total of 2,593,832 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,402,371 shares, the short-interest ratio is currently 0.2 days.
SPDR Portfolio Long Term Treasury ETF Trading Up 0.2%
Shares of NYSEARCA SPTL traded up $0.05 during trading on Monday, reaching $26.54. 3,151,599 shares of the stock were exchanged, compared to its average volume of 6,906,693. The business’s 50-day moving average price is $26.02 and its 200 day moving average price is $26.39. SPDR Portfolio Long Term Treasury ETF has a twelve month low of $25.20 and a twelve month high of $27.70.
Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF
A number of institutional investors have recently added to or reduced their stakes in SPTL. AQR Capital Management LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 36.3% during the first quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock worth $660,000 after acquiring an additional 6,448 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in SPDR Portfolio Long Term Treasury ETF during the 2nd quarter worth approximately $326,000. Diversify Advisory Services LLC increased its holdings in SPDR Portfolio Long Term Treasury ETF by 43.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 22,179 shares of the company’s stock worth $582,000 after purchasing an additional 6,698 shares during the last quarter. Jane Street Group LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 1,425.7% in the 2nd quarter. Jane Street Group LLC now owns 141,893 shares of the company’s stock valued at $3,772,000 after purchasing an additional 132,593 shares in the last quarter. Finally, Strategic Wealth Investment Group LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 15.6% during the 2nd quarter. Strategic Wealth Investment Group LLC now owns 92,773 shares of the company’s stock valued at $2,466,000 after buying an additional 12,545 shares during the last quarter.
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.