SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Significant Increase in Short Interest

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 608,429 shares, an increase of 57.0% from the December 15th total of 387,432 shares. Based on an average daily volume of 342,484 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 342,484 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. acquired a new position in SPDR Doubleline Total Return Tactical ETF during the third quarter valued at approximately $29,000. Bare Financial Services Inc acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at $31,000. Triumph Capital Management bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at $39,000. FWL Investment Management LLC grew its stake in SPDR Doubleline Total Return Tactical ETF by 13.2% in the second quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock valued at $170,000 after acquiring an additional 495 shares during the period. Finally, Betterment LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 4.6% in the third quarter. Betterment LLC now owns 5,748 shares of the company’s stock worth $233,000 after acquiring an additional 251 shares in the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.2%

Shares of NYSEARCA TOTL traded down $0.07 during midday trading on Friday, reaching $40.26. 322,237 shares of the company traded hands, compared to its average volume of 377,503. SPDR Doubleline Total Return Tactical ETF has a 12 month low of $39.22 and a 12 month high of $40.86. The stock’s 50-day simple moving average is $40.39 and its 200-day simple moving average is $40.32.

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.