SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Update

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 124,687 shares, a decrease of 55.1% from the January 29th total of 277,824 shares. Based on an average daily trading volume, of 374,990 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 374,990 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the 3rd quarter valued at about $29,000. Bare Financial Services Inc bought a new position in SPDR Doubleline Total Return Tactical ETF during the third quarter valued at approximately $31,000. Triumph Capital Management purchased a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter worth approximately $39,000. FWL Investment Management LLC grew its position in SPDR Doubleline Total Return Tactical ETF by 13.2% in the 2nd quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock worth $170,000 after purchasing an additional 495 shares during the period. Finally, Boston Family Office LLC bought a new stake in SPDR Doubleline Total Return Tactical ETF in the 4th quarter worth approximately $201,000.

SPDR Doubleline Total Return Tactical ETF Trading Up 0.2%

Shares of NYSEARCA:TOTL traded up $0.08 during trading on Friday, reaching $40.74. 79,799 shares of the stock traded hands, compared to its average volume of 379,544. The stock has a 50-day moving average of $40.34 and a two-hundred day moving average of $40.43. SPDR Doubleline Total Return Tactical ETF has a 52-week low of $39.22 and a 52-week high of $40.86.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1646 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, February 2nd.

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.