Short Interest in State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) Drops By 74.0%

State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOTGet Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 19,991 shares, a decrease of 74.0% from the July 30th total of 76,903 shares. Based on an average daily volume of 49,471 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

State Street DoubleLine Short Duration Total Return Tactical ETF Price Performance

Shares of State Street DoubleLine Short Duration Total Return Tactical ETF stock opened at $46.91 on Thursday. State Street DoubleLine Short Duration Total Return Tactical ETF has a 12-month low of $46.73 and a 12-month high of $47.55. The company has a 50-day moving average of $46.88 and a two-hundred day moving average of $47.05.

Institutional Investors Weigh In On State Street DoubleLine Short Duration Total Return Tactical ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its stake in State Street DoubleLine Short Duration Total Return Tactical ETF by 1.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,045 shares of the company’s stock worth $1,793,000 after acquiring an additional 525 shares during the period. Flow Traders U.S. LLC purchased a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the 2nd quarter worth $244,000. Finally, Root Financial Partners LLC purchased a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the 1st quarter worth approximately $214,000.

State Street DoubleLine Short Duration Total Return Tactical ETF Company Profile

(Get Free Report)

The SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in short duration investment grade and high-yield fixed income securities. STOT was launched on Apr 13, 2016 and is managed by State Street.

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