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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 13,023 shares, a decline of 46.2% from the July 15th total of 24,202 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 813,233 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Several institutional investors have recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC grew its stake in SPDR Doubleline Total Return Tactical ETF by 8.4% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock worth $13,415,000 after buying an additional 26,056 shares during the last quarter. Cheviot Value Management LLC raised its stake in SPDR Doubleline Total Return Tactical ETF by 17.5% in the fourth quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock valued at $51,152,000 after buying an additional 188,770 shares during the last quarter. Vicus Capital raised its stake in SPDR Doubleline Total Return Tactical ETF by 5.6% in the first quarter. Vicus Capital now owns 319,644 shares of the company’s stock valued at $12,699,000 after buying an additional 16,811 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 213.8% in the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock worth $37,995,000 after acquiring an additional 651,600 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in 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 worth $32,740,000 after acquiring an additional 25,859 shares in the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Performance

Shares of TOTL stock traded down $0.06 during mid-day trading on Friday, hitting $38.84. 404,420 shares of the stock traded hands, compared to its average volume of 448,881. SPDR Doubleline Total Return Tactical ETF has a 52-week low of $38.61 and a 52-week high of $40.86. The stock’s fifty day moving average is $39.09 and its two-hundred day moving average is $39.61.

About SPDR Doubleline Total Return Tactical ETF

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.