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

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report) 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 company’s shares are short sold. Based on an average trading volume of 5,370,266 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 5,370,266 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $25.82 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a one year low of $24.82 and a one year high of $26.16. The firm’s 50 day moving average price is $25.82 and its 200-day moving average price is $25.77.

Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. FAS Wealth Partners Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth about $26,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at $26,000. Gould Capital LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at $26,000. Collier Financial acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth $32,000. Finally, Bare Financial Services Inc acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at about $32,000.

About SPDR Portfolio Aggregate Bond ETF

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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.

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