State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) Short Interest Down 46.5% in July

State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 63,209 shares, a drop of 46.5% from the June 30th total of 118,145 shares. Based on an average daily volume of 67,170 shares, the short-interest ratio is currently 0.9 days. Approximately 1.2% of the shares of the stock are sold short.

State Street DoubleLine Short Duration Total Return Tactical ETF Trading Up 0.1%

STOT opened at $46.90 on Wednesday. State Street DoubleLine Short Duration Total Return Tactical ETF has a one year low of $46.81 and a one year high of $47.55. The business’s fifty day moving average is $46.95 and its two-hundred day moving average is $47.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of State Street DoubleLine Short Duration Total Return Tactical ETF in the 1st quarter worth about $214,000. Flow Traders U.S. LLC acquired a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF in the 2nd quarter valued at about $244,000. Finally, Janney Montgomery Scott LLC increased its holdings in State Street DoubleLine Short Duration Total Return Tactical ETF by 16.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 37,520 shares of the company’s stock valued at $1,774,000 after acquiring an additional 5,377 shares in the last quarter.

State Street DoubleLine Short Duration Total Return Tactical ETF Company Profile

The SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in short duration investment grade and high-yield fixed income securities. STOT was launched on Apr 13, 2016 and is managed by State Street.