SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Large Increase in Short Interest

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 106,687 shares, a growth of 26.0% from the November 30th total of 84,688 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 93,504 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 93,504 shares, the short-interest ratio is presently 1.1 days. Currently, 0.5% of the company’s shares are short sold.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.7%

NYSEARCA:RLY opened at $31.45 on Friday. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $25.63 and a 52 week high of $32.48. The stock’s fifty day moving average is $31.49 and its two-hundred day moving average is $30.59. The company has a market capitalization of $618.62 million, a P/E ratio of 17.02 and a beta of 0.57.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Tobias Financial Advisors Inc. purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter worth approximately $29,743,000. Savant Capital LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF during the second quarter worth $26,249,000. RFG Bristol Wealth Advisors LLC purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth $7,192,000. HighTower Advisors LLC boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 59.1% during the third quarter. HighTower Advisors LLC now owns 579,462 shares of the company’s stock worth $17,896,000 after buying an additional 215,285 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.0% in the third quarter. D.A. Davidson & CO. now owns 1,397,691 shares of the company’s stock valued at $43,161,000 after buying an additional 137,994 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

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.