SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Short Interest Up 57.1% in August

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 101,686 shares, a growth of 57.1% from the August 15th total of 64,711 shares. Based on an average trading volume of 191,312 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

NYSEARCA RLY traded up $0.35 during trading hours on Thursday, hitting $37.59. The company had a trading volume of 162,552 shares, compared to its average volume of 219,251. The business has a 50 day moving average of $36.75 and a 200-day moving average of $36.31. The company has a market cap of $1.32 billion, a PE ratio of 17.02 and a beta of 0.47. SPDR SSgA Multi-Asset Real Return ETF has a 1-year low of $30.43 and a 1-year high of $38.38.

Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Institutional investors have recently modified their holdings of the company. Johnson Bixby & Associates LLC grew its position in SPDR SSgA Multi-Asset Real Return ETF by 2,634.7% during the first quarter. Johnson Bixby & Associates LLC now owns 492,437 shares of the company’s stock valued at $17,802,000 after purchasing an additional 474,430 shares in the last quarter. Trilogy Capital Inc. boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 90.3% in the second quarter. Trilogy Capital Inc. now owns 664,246 shares of the company’s stock valued at $22,923,000 after buying an additional 315,254 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 148.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 334,051 shares of the company’s stock worth $10,555,000 after buying an additional 199,390 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 11.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,857,277 shares of the company’s stock worth $58,411,000 after purchasing an additional 194,782 shares during the last quarter. Finally, Trinity Wealth Management LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the second quarter valued at about $4,565,000.

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.