SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Drop in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,142,264 shares, a decline of 20.1% from the December 15th total of 1,429,185 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 5,383,816 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 5,383,816 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are short sold.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.6%

SPTL opened at $26.60 on Friday. The firm’s 50 day simple moving average is $26.75 and its two-hundred day simple moving average is $26.68. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.17 and a 1-year high of $28.14.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Rice Partnership LLC bought a new stake in SPDR Portfolio Long Term Treasury ETF during the third quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the third quarter valued at about $34,000. Blue Trust Inc. lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 1,379.0% during the second quarter. Blue Trust Inc. now owns 1,553 shares of the company’s stock valued at $41,000 after buying an additional 1,448 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter valued at about $45,000. Finally, Guerra Advisors Inc purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth approximately $54,000.

About SPDR Portfolio Long Term Treasury ETF

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.