State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 47,179 shares, a drop of 55.9% from the May 31st total of 107,010 shares. Based on an average daily volume of 51,442 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the company’s stock are short sold.
State Street DoubleLine Short Duration Total Return Tactical ETF Trading Down 0.0%
Shares of State Street DoubleLine Short Duration Total Return Tactical ETF stock opened at $47.03 on Monday. The stock has a fifty day simple moving average of $47.04 and a 200 day simple moving average of $47.18. State Street DoubleLine Short Duration Total Return Tactical ETF has a 12-month low of $46.88 and a 12-month high of $47.55.
Institutional Trading of State Street DoubleLine Short Duration Total Return Tactical ETF
Several institutional investors and hedge funds have recently made changes to their positions in STOT. Janney Montgomery Scott LLC lifted its position in shares of State Street DoubleLine Short Duration Total Return Tactical ETF by 1.4% during the first quarter. Janney Montgomery Scott LLC now owns 38,045 shares of the company’s stock valued at $1,793,000 after purchasing an additional 525 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in State Street DoubleLine Short Duration Total Return Tactical ETF during the second quarter worth about $244,000. Finally, Root Financial Partners LLC bought a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF in the 1st quarter worth about $214,000.
About State Street DoubleLine Short Duration Total Return Tactical ETF
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.
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