SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Short Interest Update

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 19,131,903 shares, a decrease of 22.6% from the February 26th total of 24,727,903 shares. Based on an average trading volume of 8,801,879 shares, the short-interest ratio is presently 2.2 days. Currently, 12.2% of the company’s stock are sold short.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $39.90 on Friday. The stock’s 50 day moving average is $40.47 and its 200-day moving average is $41.04. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.08 and a twelve month high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2277 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of SPDR Blackstone Senior Loan ETF

A number of hedge funds have recently bought and sold shares of the business. Abound Financial LLC bought a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter valued at about $32,000. Beacon Capital Management Inc. increased its position in SPDR Blackstone Senior Loan ETF by 65.2% in the fourth quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock worth $35,000 after buying an additional 334 shares during the last quarter. Quarry LP purchased a new position in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter valued at $36,000. GPS Wealth Strategies Group LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 1,749.1% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock valued at $42,000 after purchasing an additional 962 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter valued at approximately $45,000.

SPDR Blackstone Senior Loan ETF Company Profile

The SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less. SRLN was launched on Apr 3, 2013 and is managed by State Street.