SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) Stock Short Interest Report for October

by · The Markets Daily

SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 56,991 shares, a drop of 40.1% from the September 30th total of 95,212 shares. Based on an average daily trading volume, of 77,805 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are short sold.

SPDR Bloomberg International Corporate Bond ETF Stock Up 0.2%

NYSEARCA:IBND traded up $0.06 during trading hours on Friday, hitting $29.64. 97,212 shares of the company were exchanged, compared to its average volume of 107,921. SPDR Bloomberg International Corporate Bond ETF has a one year low of $29.38 and a one year high of $33.20. The company has a fifty day simple moving average of $30.22 and a 200 day simple moving average of $31.23.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IBND. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of SPDR Bloomberg International Corporate Bond ETF in the third quarter valued at approximately $596,000. Summit Global Investments lifted its stake in shares of SPDR Bloomberg International Corporate Bond ETF by 12.8% during the third quarter. Summit Global Investments now owns 91,137 shares of the company’s stock valued at $2,723,000 after buying an additional 10,306 shares during the period. North Star Investment Management Corp. acquired a new position in SPDR Bloomberg International Corporate Bond ETF during the 3rd quarter worth approximately $1,309,000. Lam Group Inc. lifted its stake in SPDR Bloomberg International Corporate Bond ETF by 13.7% during the third quarter. Lam Group Inc. now owns 242,325 shares of the company’s stock worth $7,241,000 after purchasing an additional 29,175 shares during the last quarter. Finally, Leo Wealth LLC bought a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the third quarter valued at about $2,924,000.

About SPDR Bloomberg International Corporate Bond ETF

(Get Free Report)

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.

Read More