SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Increase in Short Interest

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 424,300 shares, anincreaseof455.4% from the July 15th total of 76,400 shares. Approximately0.4% of the company’s stock are sold short. Based on an average daily volume of 457,100 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 457,100 shares, the short-interest ratio is currently 0.9 days. Approximately0.4% of the company’s stock are sold short.

SPDR Doubleline Total Return Tactical ETF Price Performance

TOTL opened at $40.01 on Friday. The business’s 50-day moving average price is $39.86 and its two-hundred day moving average price is $39.84. SPDR Doubleline Total Return Tactical ETF has a 1 year low of $38.97 and a 1 year high of $41.69.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mascagni Wealth Management Inc. acquired a new stake in SPDR Doubleline Total Return Tactical ETF in the fourth quarter valued at approximately $50,000. Fourth Dimension Wealth LLC acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF in the fourth quarter valued at approximately $91,000. FWL Investment Management LLC raised its holdings in SPDR Doubleline Total Return Tactical ETF by 13.2% in the 2nd quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock valued at $170,000 after buying an additional 495 shares during the last quarter. Betterment LLC boosted its position in SPDR Doubleline Total Return Tactical ETF by 7.5% during the 1st quarter. Betterment LLC now owns 5,872 shares of the company’s stock worth $237,000 after buying an additional 412 shares during the period. Finally, Parallel Advisors LLC grew its holdings in SPDR Doubleline Total Return Tactical ETF by 61.3% during the 1st quarter. Parallel Advisors LLC now owns 7,060 shares of the company’s stock worth $284,000 after acquiring an additional 2,683 shares during the last quarter.

About SPDR Doubleline Total Return Tactical ETF

The SPDR DoubleLine Total Return Tactical ETF (TOTL) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed, long-only bond fund that invests in a wide array of fixed income instruments of any maturity and credit quality. TOTL was launched on Feb 23, 2015 and is managed by State Street.