SPDR Portfolio Short Term Treasury ETF T.SST.U

Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.

ARCA:SPTS - Post by User

SPDR Portfolio Short Term Treasury ETF > One more chance to clarify.

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Comment by widestrideson Jul 25, 2008 10:56pm

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Post# 15331753

RE: One more chance to clarify.

Well they are working with the number of "float" shares, which must be much less than the outstanding shares at 122.4 or the fully diluted shares at 144.

But even then, they may be low or outdated in their numbers, because they only list 75 million shares outstanding.

Bottom line is that the number of short shares of SST is average. At least reported short shares. Who knows what we can believe these days? Are the naked short shares part of that number? I don't know.

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