SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Short Interest Update
by Mitch Edgeman · The Markets DailySPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 7,778 shares, a drop of 90.3% from the December 31st total of 79,896 shares. Based on an average daily volume of 142,668 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 142,668 shares, the days-to-cover ratio is currently 0.1 days.
SPDR SSgA Multi-Asset Real Return ETF Stock Performance
Shares of NYSEARCA:RLY traded up $0.19 during midday trading on Wednesday, hitting $34.57. 69,956 shares of the stock were exchanged, compared to its average volume of 111,231. The business’s 50-day moving average price is $32.18 and its 200 day moving average price is $31.07. The stock has a market capitalization of $703.50 million, a price-to-earnings ratio of 17.02 and a beta of 0.57. SPDR SSgA Multi-Asset Real Return ETF has a 12 month low of $25.63 and a 12 month high of $34.58.
Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF
Several large investors have recently modified their holdings of RLY. Envestnet Asset Management Inc. grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 9.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,462,305 shares of the company’s stock worth $45,156,000 after purchasing an additional 130,143 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 11.0% during the 3rd quarter. D.A. Davidson & CO. now owns 1,397,691 shares of the company’s stock worth $43,161,000 after buying an additional 137,994 shares during the period. Tobias Financial Advisors Inc. bought a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the 3rd quarter valued at about $29,743,000. Savant Capital LLC acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the second quarter valued at about $26,249,000. Finally, Bank of America Corp DE raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.8% during the third quarter. Bank of America Corp DE now owns 749,265 shares of the company’s stock worth $23,137,000 after acquiring an additional 34,010 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.