SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Short Interest Update

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 106,687 shares, a growth of 26.0% from the November 30th total of 84,688 shares. Based on an average trading volume of 93,504 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 93,504 shares, the days-to-cover ratio is currently 1.1 days.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

RLY opened at $31.66 on Wednesday. The business has a 50 day moving average price of $31.48 and a two-hundred day moving average price of $30.58. The company has a market capitalization of $622.75 million, a price-to-earnings ratio of 17.02 and a beta of 0.57. SPDR SSgA Multi-Asset Real Return ETF has a 1-year low of $25.63 and a 1-year high of $32.48.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in SPDR SSgA Multi-Asset Real Return ETF by 9.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,462,305 shares of the company’s stock valued at $45,156,000 after buying an additional 130,143 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.0% during the third quarter. D.A. Davidson & CO. now owns 1,397,691 shares of the company’s stock valued at $43,161,000 after acquiring an additional 137,994 shares during the period. Tobias Financial Advisors Inc. acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the third quarter valued at approximately $29,743,000. Savant Capital LLC purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter valued at approximately $26,249,000. Finally, Bank of America Corp DE lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.8% in the 3rd quarter. Bank of America Corp DE now owns 749,265 shares of the company’s stock valued at $23,137,000 after acquiring an additional 34,010 shares in the last quarter.

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.