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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 65,653 shares, an increase of 404.1% from the July 30th total of 13,023 shares. Based on an average daily trading volume, of 370,138 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently added to or reduced their stakes in TOTL. Sunbelt Securities Inc. acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter worth $29,000. Triumph Capital Management acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at about $39,000. FWL Investment Management LLC grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 12.6% during the 3rd quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock valued at $194,000 after buying an additional 535 shares during the last quarter. Boston Family Office LLC bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the 4th quarter valued at about $201,000. Finally, Betterment LLC raised its stake in SPDR Doubleline Total Return Tactical ETF by 4.6% during the third quarter. Betterment LLC now owns 5,748 shares of the company’s stock worth $233,000 after acquiring an additional 251 shares during the period.

SPDR Doubleline Total Return Tactical ETF Price Performance

Shares of TOTL traded down $0.04 during mid-day trading on Wednesday, hitting $38.92. The stock had a trading volume of 159,708 shares, compared to its average volume of 450,856. SPDR Doubleline Total Return Tactical ETF has a fifty-two week low of $38.61 and a fifty-two week high of $40.86. The company’s fifty day simple moving average is $39.03 and its two-hundred day simple moving average is $39.54.

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.