State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 52,657 shares, an increase of 163.4% from the August 15th total of 19,991 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 54,582 shares, the short-interest ratio is currently 1.0 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the second quarter worth about $244,000. Janney Montgomery Scott LLC grew its holdings in shares of 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 worth $1,774,000 after purchasing an additional 5,377 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the 1st quarter worth approximately $214,000.
State Street DoubleLine Short Duration Total Return Tactical ETF Price Performance
Shares of BATS STOT opened at $46.55 on Monday. State Street DoubleLine Short Duration Total Return Tactical ETF has a 52-week low of $46.53 and a 52-week high of $47.55. The firm has a fifty day moving average of $46.82 and a 200-day moving average of $46.99.
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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