SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Large Decline in Short Interest

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 64,711 shares, a decline of 41.6% from the July 30th total of 110,886 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 141,661 shares, the days-to-cover ratio is presently 0.5 days.

SPDR SSgA Multi-Asset Real Return ETF Stock Up 0.3%

RLY stock opened at $37.71 on Wednesday. The firm has a 50 day moving average of $36.06 and a two-hundred day moving average of $36.12. SPDR SSgA Multi-Asset Real Return ETF has a 12 month low of $30.08 and a 12 month high of $37.89. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 17.02 and a beta of 0.46.

Institutional Investors Weigh In On SPDR SSgA Multi-Asset Real Return ETF

A number of large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.7% in the 4th quarter. Hantz Financial Services Inc. now owns 1,857,277 shares of the company’s stock valued at $58,411,000 after acquiring an additional 194,782 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.4% in the first quarter. D.A. Davidson & CO. now owns 1,540,561 shares of the company’s stock valued at $55,691,000 after purchasing an additional 50,427 shares during the period. Tobias Financial Advisors Inc. raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 0.8% in the second quarter. Tobias Financial Advisors Inc. now owns 1,079,223 shares of the company’s stock valued at $37,244,000 after purchasing an additional 8,197 shares during the period. Bank of America Corp DE lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 7.1% in the first quarter. Bank of America Corp DE now owns 888,051 shares of the company’s stock worth $32,103,000 after buying an additional 58,681 shares during the last quarter. Finally, Capital Analysts LLC lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.8% in the fourth quarter. Capital Analysts LLC now owns 706,302 shares of the company’s stock worth $22,214,000 after buying an additional 38,558 shares during the last quarter.

About SPDR SSgA Multi-Asset Real Return ETF

The SPDR SSgA Multi-Asset Real Return ETF (RLY) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that attempts to hedge against inflation by investing in funds with exposure to real estate, commodities, TIPS and natural resources companies. RLY was launched on Apr 25, 2012 and is managed by State Street.