Short Interest in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Decreases By 36.0%
by Doug Wharley · The Cerbat GemSPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 52,937 shares, a drop of 36.0% from the March 15th total of 82,751 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 173,349 shares, the short-interest ratio is currently 0.3 days.
Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF
Hedge funds have recently bought and sold shares of the stock. Comerica Bank raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after buying an additional 328 shares during the period. Jones Financial Companies Lllp grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 99.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after acquiring an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter worth approximately $99,000. JFS Wealth Advisors LLC bought a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter worth approximately $103,000. Finally, Harbour Investments Inc. grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 23.1% during the 4th quarter. Harbour Investments Inc. now owns 3,693 shares of the company’s stock worth $116,000 after acquiring an additional 692 shares in the last quarter.
SPDR SSgA Multi-Asset Real Return ETF Stock Performance
RLY stock traded down $0.07 during mid-day trading on Tuesday, hitting $36.55. 119,994 shares of the company were exchanged, compared to its average volume of 222,197. The firm has a market cap of $1.09 billion, a P/E ratio of 17.02 and a beta of 0.50. The firm’s 50 day simple moving average is $35.68 and its 200 day simple moving average is $33.18. SPDR SSgA Multi-Asset Real Return ETF has a 1-year low of $27.30 and a 1-year high of $36.77.
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.