SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Significant Growth in Short Interest

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,281,372 shares, a growth of 403.5% from the December 31st total of 254,503 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 5,370,266 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 5,370,266 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Several institutional investors have recently added to or reduced their stakes in SPAB. SageGuard Financial Group LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth $243,000. Sharper & Granite LLC grew its stake in SPDR Portfolio Aggregate Bond ETF by 50.8% in the 4th quarter. Sharper & Granite LLC now owns 27,910 shares of the company’s stock valued at $719,000 after acquiring an additional 9,400 shares during the last quarter. Retirement Income Solutions Inc. increased its holdings in SPDR Portfolio Aggregate Bond ETF by 70.4% during the 4th quarter. Retirement Income Solutions Inc. now owns 23,997 shares of the company’s stock valued at $618,000 after acquiring an additional 9,918 shares in the last quarter. Belpointe Asset Management LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 764.3% during the fourth quarter. Belpointe Asset Management LLC now owns 146,238 shares of the company’s stock worth $3,766,000 after acquiring an additional 129,319 shares during the last quarter. Finally, Lodestar Private Asset Management LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 7.9% in the fourth quarter. Lodestar Private Asset Management LLC now owns 1,254,232 shares of the company’s stock valued at $32,296,000 after purchasing an additional 91,650 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:SPAB opened at $25.82 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.82 and a 1-year high of $26.16. The firm has a fifty day moving average price of $25.82 and a 200 day moving average price of $25.77.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.