SPDR Portfolio Short Term Corporate Bond ETF Hits Lower Moving Average

On Monday, shares of the SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) dropped below their 200-day moving average of $29.97, trading as low as $29.86 per share. Currently, SPSB shares are down approximately 0.4% for the day. The chart below illustrates the one-year performance of SPSB shares in relation to their 200-day moving average:

According to the chart, SPSB’s lowest point over the past 52 weeks is $29.46 per share, while the high stands at $30.31. The latest trade reflects a price of $29.86.

Click here to discover which 9 other ETFs have recently crossed below their 200-day moving average.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.