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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 69,087 shares, a decrease of 36.5% from the April 15th total of 108,870 shares. Based on an average trading volume of 271,440 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Several hedge funds have recently modified their holdings of RLY. Ascentis Independent Advisors purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the first quarter valued at about $28,000. Comerica Bank lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after buying an additional 328 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% during the first quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock valued at $57,000 after buying an additional 1,548 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 99.2% during the third quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock valued at $66,000 after buying an additional 1,063 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the 4th quarter valued at approximately $99,000.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of RLY stock traded up $0.26 during mid-day trading on Monday, hitting $36.96. 290,253 shares of the stock traded hands, compared to its average volume of 225,818. The stock has a market cap of $1.19 billion, a P/E ratio of 17.02 and a beta of 0.47. The stock’s fifty day moving average is $36.34 and its two-hundred day moving average is $34.06. SPDR SSgA Multi-Asset Real Return ETF has a 52-week low of $28.34 and a 52-week high of $37.43.

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.