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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 88,914 shares, a growth of 1,043.1% from the January 15th total of 7,778 shares. Based on an average daily volume of 121,911 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 121,911 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.0% in the third quarter. D.A. Davidson & CO. now owns 1,397,691 shares of the company’s stock valued at $43,161,000 after buying an additional 137,994 shares during the period. Ameritas Advisory Services LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter valued at $62,000. Barnes Pettey Financial Advisors LLC grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 18.2% during the second quarter. Barnes Pettey Financial Advisors LLC now owns 17,961 shares of the company’s stock worth $522,000 after purchasing an additional 2,765 shares in the last quarter. Earned Wealth Advisors LLC increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 17.4% in the 3rd quarter. Earned Wealth Advisors LLC now owns 268,460 shares of the company’s stock worth $8,290,000 after buying an additional 39,793 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 145.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 74,308 shares of the company’s stock valued at $2,162,000 after buying an additional 44,003 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of NYSEARCA RLY traded up $0.51 during midday trading on Wednesday, reaching $35.36. The company’s stock had a trading volume of 727,454 shares, compared to its average volume of 149,699. The stock has a market capitalization of $739.73 million, a P/E ratio of 17.02 and a beta of 0.57. The firm has a 50 day moving average price of $32.70 and a 200-day moving average price of $31.38. SPDR SSgA Multi-Asset Real Return ETF has a 12-month low of $25.63 and a 12-month high of $35.38.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

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.