Short Interest in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Increases By 110.2%

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 137,982 shares, a growth of 110.2% from the August 15th total of 65,653 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 475,717 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Doubleline Total Return Tactical ETF Stock Performance

Shares of NYSEARCA TOTL traded down $0.05 during midday trading on Tuesday, reaching $38.02. 867,278 shares of the company were exchanged, compared to its average volume of 457,455. SPDR Doubleline Total Return Tactical ETF has a one year low of $37.98 and a one year high of $40.86. The stock’s 50-day moving average price is $38.79 and its 200-day moving average price is $39.34.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC raised its stake in SPDR Doubleline Total Return Tactical ETF by 213.8% during the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock worth $37,995,000 after buying an additional 651,600 shares during the last quarter. ADG Wealth Management Group LLC increased its holdings in SPDR Doubleline Total Return Tactical ETF by 1,575.2% in the first quarter. ADG Wealth Management Group LLC now owns 96,976 shares of the company’s stock worth $3,853,000 after purchasing an additional 91,187 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 8.4% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock valued at $13,415,000 after acquiring an additional 26,056 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock valued at $32,740,000 after purchasing an additional 25,859 shares during the period. Finally, Vicus Capital boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 5.6% in the first quarter. Vicus Capital now owns 319,644 shares of the company’s stock worth $12,699,000 after acquiring an additional 16,811 shares in the last quarter.

SPDR Doubleline Total Return Tactical ETF Company Profile

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.