SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Up 92.1% in January

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 277,824 shares, an increase of 92.1% from the January 15th total of 144,648 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 408,802 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 408,802 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its stake in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,572,014 shares of the company’s stock worth $63,053,000 after purchasing an additional 32,092 shares during the last quarter. Cheviot Value Management LLC lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 17.5% during the fourth quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock worth $51,152,000 after purchasing an additional 188,770 shares during the period. Horizon Investments LLC raised its position in SPDR Doubleline Total Return Tactical ETF by 1.5% during the 4th quarter. Horizon Investments LLC now owns 847,744 shares of the company’s stock worth $34,122,000 after buying an additional 12,799 shares during the last quarter. Captrust Financial Advisors grew its position in SPDR Doubleline Total Return Tactical ETF by 1.2% during the 3rd quarter. Captrust Financial Advisors now owns 520,670 shares of the company’s stock worth $21,124,000 after purchasing an additional 6,139 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of SPDR Doubleline Total Return Tactical ETF by 6.7% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 311,607 shares of the company’s stock worth $12,542,000 after buying an additional 19,485 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Performance

TOTL stock traded up $0.14 on Friday, reaching $40.58. The company’s stock had a trading volume of 424,687 shares, compared to its average volume of 388,904. The business has a fifty day simple moving average of $40.29 and a two-hundred day simple moving average of $40.39. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $39.22 and a 12-month high of $40.86.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1646 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.