Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) Sees Large Increase in Short Interest

Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,947 shares, a growth of 75.7% from the June 30th total of 2,246 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 33,081 shares, the days-to-cover ratio is presently 0.1 days.

Global X Short-Term Treasury Ladder ETF Stock Up 0.1%

Global X Short-Term Treasury Ladder ETF stock traded up $0.05 during midday trading on Thursday, reaching $49.72. The company’s stock had a trading volume of 2,249 shares, compared to its average volume of 9,659. Global X Short-Term Treasury Ladder ETF has a fifty-two week low of $49.50 and a fifty-two week high of $50.68. The business has a 50-day simple moving average of $49.71 and a 200-day simple moving average of $49.96.

Institutional Investors Weigh In On Global X Short-Term Treasury Ladder ETF

A hedge fund recently raised its position in Global X Short-Term Treasury Ladder ETF stock. Jane Street Group LLC increased its holdings in shares of Global X Short-Term Treasury Ladder ETF (NYSEARCA:SLDR) by 26.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,690 shares of the company’s stock after purchasing an additional 2,042 shares during the quarter. Jane Street Group LLC owned approximately 1.27% of Global X Short-Term Treasury Ladder ETF worth $487,000 at the end of the most recent quarter.

About Global X Short-Term Treasury Ladder ETF

The Global X Short-Term Treasury Ladder ETF (SLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 1 to 3 years, using a laddering approach. By rotating investments annually between two maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on short-term government bonds SLDR was launched on Sep 9, 2024 and is issued by Global X.