SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Significant Growth in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,246,655 shares, an increase of 121.1% from the August 31st total of 563,920 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 6,264,031 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 13.0% during the second quarter. State Street Corp now owns 77,418,976 shares of the company’s stock worth $2,030,700,000 after purchasing an additional 8,901,340 shares during the period. Bank of America Corp DE raised its position in SPDR Portfolio Long Term Treasury ETF by 52.0% during the 1st quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after purchasing an additional 4,995,927 shares during the last quarter. LPL Financial LLC raised its position in SPDR Portfolio Long Term Treasury ETF by 22.3% during the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock worth $320,560,000 after purchasing an additional 2,205,261 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock worth $311,543,000 after buying an additional 935,837 shares during the period. Finally, Assetmark Inc. lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 0.6% during the 1st quarter. Assetmark Inc. now owns 5,830,936 shares of the company’s stock worth $153,354,000 after buying an additional 34,452 shares during the period.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPDR Portfolio Long Term Treasury ETF stock traded down $0.01 on Friday, hitting $24.26. The stock had a trading volume of 18,889,609 shares, compared to its average volume of 6,655,275. The stock has a 50 day moving average of $25.09 and a 200 day moving average of $25.74. SPDR Portfolio Long Term Treasury ETF has a twelve month low of $24.10 and a twelve month high of $27.70.

SPDR Portfolio Long Term Treasury ETF Company Profile

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.