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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 387,432 shares, a decline of 35.2% from the November 30th total of 597,508 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 464,215 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 464,215 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

SPDR Doubleline Total Return Tactical ETF Trading Up 0.1%

Shares of NYSEARCA:TOTL opened at $40.29 on Friday. The firm has a fifty day moving average price of $40.48 and a 200 day moving average price of $40.27. SPDR Doubleline Total Return Tactical ETF has a 1-year low of $38.97 and a 1-year high of $40.86.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of TOTL. Flow Traders U.S. LLC acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF during the second quarter valued at $916,000. Bank of New York Mellon Corp increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,572,014 shares of the company’s stock worth $63,053,000 after acquiring an additional 32,092 shares during the period. Diversified Portfolios Inc. lifted its position in SPDR Doubleline Total Return Tactical ETF by 47.6% in the 2nd quarter. Diversified Portfolios Inc. now owns 160,502 shares of the company’s stock valued at $6,438,000 after purchasing an additional 51,788 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 41.0% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 131,414 shares of the company’s stock valued at $5,271,000 after purchasing an additional 38,225 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC grew its position in SPDR Doubleline Total Return Tactical ETF by 9.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 268,141 shares of the company’s stock worth $10,755,000 after purchasing an additional 24,116 shares during the last quarter.

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.