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 increase in short interest in the month of August. As of August 31st, there was short interest totaling 101,686 shares, an increase of 57.1% from the August 15th total of 64,711 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 191,312 shares, the days-to-cover ratio is currently 0.5 days.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of RLY stock opened at $37.29 on Friday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 17.02 and a beta of 0.47. SPDR SSgA Multi-Asset Real Return ETF has a one year low of $30.46 and a one year high of $38.38. The company’s fifty day moving average price is $36.85 and its 200-day moving average price is $36.33.

Institutional Investors Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Private Wealth Asset Management LLC lifted its stake in SPDR SSgA Multi-Asset Real Return ETF by 98.7% in the 4th quarter. Private Wealth Asset Management LLC now owns 200,236 shares of the company’s stock worth $6,297,000 after purchasing an additional 99,468 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.8% during the 4th quarter. Capital Analysts LLC now owns 706,302 shares of the company’s stock valued at $22,214,000 after purchasing an additional 38,558 shares during the last quarter. Bank of America Corp DE grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 7.1% during the first quarter. Bank of America Corp DE now owns 888,051 shares of the company’s stock valued at $32,103,000 after purchasing an additional 58,681 shares in the last quarter. Tobias Financial Advisors Inc. grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 8.3% during the fourth quarter. Tobias Financial Advisors Inc. now owns 1,043,052 shares of the company’s stock valued at $32,804,000 after purchasing an additional 79,868 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.4% in the first quarter. D.A. Davidson & CO. now owns 1,540,561 shares of the company’s stock worth $55,691,000 after purchasing an additional 50,427 shares during 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.