SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Significant Growth in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,855,234 shares, an increase of 55.2% from the February 26th total of 1,840,142 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 9,280,819 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Large investors have recently modified their holdings of the business. Studio Investment Management LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 2.1% in the fourth quarter. Studio Investment Management LLC now owns 19,569 shares of the company’s stock worth $518,000 after purchasing an additional 404 shares during the last quarter. IHT Wealth Management LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 1.9% in the 4th quarter. IHT Wealth Management LLC now owns 21,795 shares of the company’s stock worth $577,000 after buying an additional 409 shares during the last quarter. Elevated Capital Advisors LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 1.3% during the 4th quarter. Elevated Capital Advisors LLC now owns 35,309 shares of the company’s stock valued at $935,000 after buying an additional 468 shares in the last quarter. Independent Advisor Alliance lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 2.3% during the 3rd quarter. Independent Advisor Alliance now owns 21,658 shares of the company’s stock worth $584,000 after acquiring an additional 496 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 12.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 4,383 shares of the company’s stock worth $118,000 after acquiring an additional 502 shares during the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL stock opened at $25.98 on Monday. SPDR Portfolio Long Term Treasury ETF has a 52-week low of $25.17 and a 52-week high of $28.14. The business’s fifty day moving average is $26.67 and its 200 day moving average is $26.84.

SPDR Portfolio Long Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0839 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

SPDR Portfolio Long Term Treasury ETF Company Profile

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.