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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 13,023 shares, a decline of 46.2% from the July 15th total of 24,202 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 813,233 shares, the short-interest ratio is presently 0.0 days.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.1%

Shares of NYSEARCA TOTL traded down $0.03 during midday trading on Monday, hitting $38.81. The stock had a trading volume of 245,940 shares, compared to its average volume of 447,580. The business’s 50 day moving average is $39.09 and its 200-day moving average is $39.60. SPDR Doubleline Total Return Tactical ETF has a 52 week low of $38.61 and a 52 week high of $40.86.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TOTL. Sunbelt Securities Inc. purchased a new stake in SPDR Doubleline Total Return Tactical ETF during the 3rd quarter valued at $29,000. Triumph Capital Management purchased a new position in shares of SPDR Doubleline Total Return Tactical ETF in the third quarter worth $39,000. FWL Investment Management LLC lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 12.6% during the third quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock valued at $194,000 after purchasing an additional 535 shares in the last quarter. Boston Family Office LLC bought a new position in shares of SPDR Doubleline Total Return Tactical ETF during the fourth quarter valued at $201,000. Finally, Betterment LLC boosted its position in shares of 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 valued at $233,000 after buying an additional 251 shares during the last quarter.

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.