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 recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 307,848 shares, a growth of 1,251.7% from the May 14th total of 22,775 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 425,302 shares, the days-to-cover ratio is presently 0.7 days.

SPDR Doubleline Total Return Tactical ETF Trading Up 0.1%

TOTL stock traded up $0.05 during trading on Thursday, hitting $39.18. The stock had a trading volume of 71,060 shares, compared to its average volume of 400,031. SPDR Doubleline Total Return Tactical ETF has a twelve month low of $38.97 and a twelve month high of $40.86. The company’s 50-day moving average price is $39.56 and its two-hundred day moving average price is $40.02.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Several institutional investors have recently bought and sold shares of TOTL. JPMorgan Chase & Co. boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 9.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,803 shares of the company’s stock worth $514,000 after buying an additional 1,146 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 10.6% in the 2nd quarter. Baird Financial Group Inc. now owns 29,611 shares of the company’s stock worth $1,188,000 after buying an additional 2,847 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 13.5% in the 2nd quarter. NewEdge Advisors LLC now owns 230,540 shares of the company’s stock worth $9,247,000 after buying an additional 27,504 shares during the last quarter. Captrust Financial Advisors boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 111.6% in the 2nd quarter. Captrust Financial Advisors now owns 514,531 shares of the company’s stock worth $20,638,000 after buying an additional 271,382 shares during the last quarter. Finally, Bare Financial Services Inc acquired a new stake in SPDR Doubleline Total Return Tactical ETF in the 3rd quarter worth about $31,000.

SPDR Doubleline Total Return Tactical ETF Company Profile

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.