SPDR Portfolio Treasury ETF (NYSEARCA:SPTB) Stock Short Interest Drops 99.8%

by · The Markets Daily

SPDR Portfolio Treasury ETF (NYSEARCA:SPTB – Get Free Report) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 172 shares, a decrease of 99.8% from the October 15th total of 72,655 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 49,180 shares, the days-to-cover ratio is currently 0.0 days.

SPDR Portfolio Treasury ETF Stock Performance

SPTB stock traded down $0.19 during midday trading on Tuesday, hitting $29.20. The company’s stock had a trading volume of 17,063 shares, compared to its average volume of 117,188. SPDR Portfolio Treasury ETF has a 52-week low of $28.63 and a 52-week high of $30.96. The firm has a 50-day simple moving average of $29.14 and a 200-day simple moving average of $29.85.

Institutional Trading of SPDR Portfolio Treasury ETF

Several hedge funds have recently modified their holdings of the stock. Schwallier Wealth Management LLC purchased a new position in SPDR Portfolio Treasury ETF in the first quarter valued at $620,000. International Assets Investment Management LLC grew its stake in SPDR Portfolio Treasury ETF by 678.8% during the 3rd quarter. International Assets Investment Management LLC now owns 135,000 shares of the company’s stock worth $3,892,000 after purchasing an additional 117,666 shares in the last quarter. Sei Investments Co. acquired a new position in SPDR Portfolio Treasury ETF during the 1st quarter worth $2,061,000. Integrated Capital Management Inc. acquired a new position in SPDR Portfolio Treasury ETF during the 3rd quarter worth $3,722,000. Finally, Payden & Rygel purchased a new stake in SPDR Portfolio Treasury ETF during the 3rd quarter worth about $9,061,000.

SPDR Portfolio Treasury ETF Company Profile

(Get Free Report)

The SPDR Portfolio Treasury ETF (SPTB) is an exchange-traded fund that is based on the Bloomberg U.S. Treasury index. The fund tracks a market value-weighted index of investment-grade US Treasury securities with various maturities, not less than one year. minimum maturity of one year SPTB was launched on May 20, 2024 and is issued by State Street.

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