SPDR Portfolio Short Term Corporate Bond ETF Dips Below Key Level
Shares Slip Below 200-Day Moving Average
On Friday, SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) saw its shares fall below the critical 200-day moving average of $29.89, trading as low as $29.88 per share. Currently, SPSB shares are down approximately 0.1% for the day. The chart below illustrates the one-year performance of SPSB compared to its moving average:
According to the chart, SPSB’s lowest price over the past year was $29.46 per share, while its highest price reached $30.31. The most recent trade recorded was $29.89.
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