SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update
by Jessica Moore · The Cerbat GemSPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 451,507 shares, a decrease of 33.2% from the March 15th total of 675,935 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 804,336 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Donald L. Hagan LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% in the third quarter. Donald L. Hagan LLC now owns 43,114 shares of the company’s stock valued at $967,000 after acquiring an additional 505 shares in the last quarter. One Wealth Capital Management LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 5.0% in the 3rd quarter. One Wealth Capital Management LLC now owns 10,919 shares of the company’s stock worth $245,000 after purchasing an additional 515 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 76.8% in the 4th quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock worth $27,000 after purchasing an additional 520 shares in the last quarter. Norden Group LLC lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 1.7% in the 3rd quarter. Norden Group LLC now owns 32,718 shares of the company’s stock valued at $734,000 after acquiring an additional 538 shares in the last quarter. Finally, Guidance Capital Inc. lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 1.3% in the 4th quarter. Guidance Capital Inc. now owns 45,513 shares of the company’s stock valued at $1,023,000 after acquiring an additional 565 shares in the last quarter.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
SPMB traded up $0.04 on Tuesday, hitting $22.50. 607,046 shares of the company were exchanged, compared to its average volume of 778,803. The firm has a fifty day simple moving average of $22.50 and a two-hundred day simple moving average of $22.50. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.45 and a 12 month high of $22.87.
About SPDR Portfolio Mortgage Backed Bond ETF
The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.