SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Growth in Short Interest

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 137,982 shares, an increase of 110.2% from the August 15th total of 65,653 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 475,717 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently made changes to their positions in the business. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 6.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock worth $14,241,000 after purchasing an additional 23,147 shares during the last quarter. Pointe Capital Management LLC lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 8.7% in the 2nd quarter. Pointe Capital Management LLC now owns 39,926 shares of the company’s stock worth $1,576,000 after acquiring an additional 3,191 shares during the last quarter. Principia Wealth Advisory LLC grew its holdings in SPDR Doubleline Total Return Tactical ETF by 17.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 52,765 shares of the company’s stock valued at $2,083,000 after purchasing an additional 7,750 shares during the last quarter. Strategic Investment Advisors MI grew its holdings in SPDR Doubleline Total Return Tactical ETF by 184.2% during the 1st quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock valued at $624,000 after purchasing an additional 10,177 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in SPDR Doubleline Total Return Tactical ETF by 2.1% in the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock worth $722,000 after purchasing an additional 373 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Performance

SPDR Doubleline Total Return Tactical ETF stock remained flat at $38.12 during mid-day trading on Monday. 499,797 shares of the company traded hands, compared to its average volume of 453,472. The company has a 50 day moving average of $38.82 and a 200 day moving average of $39.36. SPDR Doubleline Total Return Tactical ETF has a one year low of $37.99 and a one year high of $40.86.

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.