SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Up 1,251.7% in May

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 307,848 shares, an increase of 1,251.7% from the May 14th total of 22,775 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 425,302 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Cheviot Value Management LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 17.5% during the 4th quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock valued at $51,152,000 after purchasing an additional 188,770 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% during the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock valued at $37,995,000 after buying an additional 651,600 shares during the last quarter. Horizon Investments LLC boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 1.5% during the fourth quarter. Horizon Investments LLC now owns 847,744 shares of the company’s stock valued at $34,122,000 after buying an additional 12,799 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock valued at $32,740,000 after buying an additional 25,859 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 1.2% during the third quarter. Captrust Financial Advisors now owns 520,670 shares of the company’s stock valued at $21,124,000 after buying an additional 6,139 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Up 0.2%

Shares of SPDR Doubleline Total Return Tactical ETF stock traded up $0.07 during trading hours on Tuesday, reaching $39.15. The company’s stock had a trading volume of 514,301 shares, compared to its average volume of 403,325. SPDR Doubleline Total Return Tactical ETF has a one year low of $38.97 and a one year high of $40.86. The stock’s fifty day simple moving average is $39.57 and its two-hundred day simple moving average is $40.03.

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.