SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Short Interest Update

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,319,138 shares, an increase of 78.3% from the May 31st total of 739,930 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 1,391,360 shares, the short-interest ratio is currently 0.9 days.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPTS stock opened at $28.95 on Friday. The firm has a market cap of $5.83 billion, a PE ratio of -64.37 and a beta of 0.05. The company has a 50-day moving average of $29.01 and a two-hundred day moving average of $29.16. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $28.90 and a 1-year high of $29.40.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of hedge funds have recently made changes to their positions in SPTS. Empowered Funds LLC increased its holdings in SPDR Portfolio Short Term Treasury ETF by 12.8% in the 1st quarter. Empowered Funds LLC now owns 247,350 shares of the company’s stock valued at $7,197,000 after purchasing an additional 28,050 shares during the last quarter. Financial Solutions Advisory Group Inc. acquired a new position in SPDR Portfolio Short Term Treasury ETF during the first quarter worth $103,133,000. Verus Capital Partners LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 9.8% during the first quarter. Verus Capital Partners LLC now owns 178,336 shares of the company’s stock worth $5,204,000 after purchasing an additional 15,964 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 0.6% during the first quarter. Hobbs Group Advisors LLC now owns 157,355 shares of the company’s stock worth $4,592,000 after buying an additional 990 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the first quarter worth $406,000.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.