SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Update

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

SPDR Doubleline Total Return Tactical ETF Stock Performance

TOTL stock remained flat at $38.12 during midday trading on Monday. The company’s stock had a trading volume of 499,797 shares, compared to its average volume of 453,472. The firm has a 50 day moving average price of $38.82 and a 200 day moving average price of $39.36. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $37.99 and a 12-month high of $40.86.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. 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 valued at $37,995,000 after purchasing an additional 651,600 shares in the last quarter. Captrust Financial Advisors grew its holdings in SPDR Doubleline Total Return Tactical ETF by 111.6% during the second quarter. Captrust Financial Advisors now owns 514,531 shares of the company’s stock valued at $20,638,000 after purchasing an additional 271,382 shares during the period. ADG Wealth Management Group LLC increased its position in SPDR Doubleline Total Return Tactical ETF by 1,575.2% in the first quarter. ADG Wealth Management Group LLC now owns 96,976 shares of the company’s stock worth $3,853,000 after buying an additional 91,187 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Doubleline Total Return Tactical ETF by 158.3% in the fourth quarter. JPMorgan Chase & Co. now owns 138,070 shares of the company’s stock worth $5,557,000 after buying an additional 84,623 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of SPDR Doubleline Total Return Tactical ETF by 16.0% in the third quarter. NewEdge Advisors LLC now owns 267,530 shares of the company’s stock worth $10,854,000 after buying an additional 36,990 shares during the period.

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.