SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Down 60.0% in March

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 172,806 shares, a drop of 60.0% from the February 26th total of 432,255 shares. Based on an average daily trading volume, of 459,570 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TOTL. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the third quarter worth approximately $29,000. Bare Financial Services Inc purchased a new position in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter valued at approximately $31,000. Triumph Capital Management bought a new stake in SPDR Doubleline Total Return Tactical ETF during the third quarter worth $39,000. FWL Investment Management LLC grew its holdings in SPDR Doubleline Total Return Tactical ETF by 13.2% during the second quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock worth $170,000 after buying an additional 495 shares in the last quarter. Finally, Boston Family Office LLC purchased a new stake in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at $201,000.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.0%

Shares of NYSEARCA TOTL traded down $0.01 during mid-day trading on Friday, reaching $39.46. 1,041,656 shares of the company’s stock traded hands, compared to its average volume of 419,101. The business has a 50-day simple moving average of $40.21 and a 200 day simple moving average of $40.39. SPDR Doubleline Total Return Tactical ETF has a 1-year low of $39.22 and a 1-year high of $40.86.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1584 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.8%.

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.