SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Shares Shorted: Short Interest Up 4,380.0% in October

by · The Markets Daily

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 284,343 shares, a growth of 4,380.0% from the September 30th total of 6,347 shares. Based on an average daily volume of 813,730 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% during the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock worth $37,995,000 after purchasing an additional 651,600 shares during the period. Bank of New York Mellon Corp increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock valued at $32,740,000 after buying an additional 25,859 shares during the period. Pension & Wealth Management Advisors Inc. boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 11.6% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 727,183 shares of the company’s stock valued at $27,211,000 after acquiring an additional 75,730 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in SPDR Doubleline Total Return Tactical ETF by 6.9% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock valued at $14,241,000 after purchasing an additional 23,147 shares during the period. Finally, Vicus Capital increased its position in SPDR Doubleline Total Return Tactical ETF by 5.6% during the 1st quarter. Vicus Capital now owns 319,644 shares of the company’s stock valued at $12,699,000 after purchasing an additional 16,811 shares during the period.

SPDR Doubleline Total Return Tactical ETF Stock Performance

Shares of NYSEARCA:TOTL traded up $0.02 during midday trading on Monday, hitting $37.94. 578,771 shares of the stock were exchanged, compared to its average volume of 522,872. The business’s 50-day moving average price is $38.06 and its 200 day moving average price is $38.87. SPDR Doubleline Total Return Tactical ETF has a 12 month low of $37.09 and a 12 month high of $40.83.

SPDR Doubleline Total Return Tactical ETF Company Profile

(Get Free Report)

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.

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