SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Down 83.6% in May

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 22,775 shares, a decrease of 83.6% from the April 30th total of 138,893 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 371,479 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cheviot Value Management LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 17.5% during the fourth quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock valued at $51,152,000 after purchasing an additional 188,770 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in 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. Horizon Investments LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 1.5% during the fourth quarter. Horizon Investments LLC now owns 847,744 shares of the company’s stock valued at $34,122,000 after purchasing an additional 12,799 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 valued at $32,740,000 after acquiring an additional 25,859 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of SPDR Doubleline Total Return Tactical ETF by 1.2% in the third quarter. Captrust Financial Advisors now owns 520,670 shares of the company’s stock valued at $21,124,000 after acquiring an additional 6,139 shares in the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Performance

Shares of TOTL traded up $0.05 during trading hours on Friday, hitting $39.58. The stock had a trading volume of 323,483 shares, compared to its average volume of 400,259. SPDR Doubleline Total Return Tactical ETF has a 12 month low of $38.97 and a 12 month high of $40.86. The stock has a fifty day moving average price of $39.62 and a 200 day moving average price of $40.10.

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.