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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 6,347 shares, a decrease of 94.1% from the September 15th total of 107,592 shares. Based on an average trading volume of 957,005 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

SPDR Doubleline Total Return Tactical ETF Stock Performance

SPDR Doubleline Total Return Tactical ETF stock traded up $0.07 during mid-day trading on Friday, reaching $37.48. The stock had a trading volume of 647,554 shares, compared to its average volume of 497,674. SPDR Doubleline Total Return Tactical ETF has a one year low of $37.09 and a one year high of $40.86. The company has a 50-day moving average price of $38.28 and a two-hundred day moving average price of $39.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TOTL. Pinnacle Wealth Management Advisory Group LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 8.4% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock valued at $13,415,000 after purchasing an additional 26,056 shares during the last quarter. Vicus Capital boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 5.6% during the first quarter. Vicus Capital now owns 319,644 shares of the company’s stock valued at $12,699,000 after buying an additional 16,811 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in SPDR Doubleline Total Return Tactical ETF by 213.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock worth $37,995,000 after buying an additional 651,600 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in SPDR Doubleline Total Return Tactical ETF by 3.2% in the 1st quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock worth $32,740,000 after buying an additional 25,859 shares in the last quarter. Finally, Bank of New Hampshire raised its position in SPDR Doubleline Total Return Tactical ETF by 50.4% in the 3rd quarter. Bank of New Hampshire now owns 116,703 shares of the company’s stock worth $4,367,000 after buying an additional 39,113 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.