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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 39,988 shares, a drop of 85.9% from the October 15th total of 284,343 shares. Based on an average trading volume of 839,531 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 13.4% during the third quarter. Parallel Advisors LLC now owns 3,265 shares of the company’s stock worth $122,000 after buying an additional 385 shares during the period. Richardson Financial Services Inc. grew its stake in SPDR Doubleline Total Return Tactical ETF by 66.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 9,766 shares of the company’s stock worth $365,000 after buying an additional 3,888 shares during the last quarter. Strategic Investment Advisors MI increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 184.2% in the 1st quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock valued at $624,000 after acquiring an additional 10,177 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% in the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock valued at $722,000 after buying an additional 373 shares during the last quarter. Finally, Greatmark Investment Partners Inc. grew its stake in shares of SPDR Doubleline Total Return Tactical ETF by 9.8% in the 3rd quarter. Greatmark Investment Partners Inc. now owns 22,200 shares of the company’s stock valued at $831,000 after purchasing an additional 1,975 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.1%

Shares of NYSEARCA TOTL traded down $0.05 during trading on Wednesday, reaching $37.88. The stock had a trading volume of 179,577 shares, compared to its average volume of 527,566. The business’s 50-day moving average price is $37.88 and its 200-day moving average price is $39.14. SPDR Doubleline Total Return Tactical ETF has a fifty-two week low of $37.09 and a fifty-two week high of $40.78.

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.