Short Interest in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Expands By 57.1%

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 101,686 shares, an increase of 57.1% from the August 15th total of 64,711 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 191,312 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RLY. Global Retirement Partners LLC raised its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 8.7% in the 4th quarter. Global Retirement Partners LLC now owns 5,433 shares of the company’s stock valued at $171,000 after acquiring an additional 437 shares during the period. Pasadena Private Wealth LLC lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.6% during the 4th quarter. Pasadena Private Wealth LLC now owns 14,738 shares of the company’s stock valued at $464,000 after acquiring an additional 515 shares in the last quarter. Harbour Investments Inc. boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 23.1% during the 4th quarter. Harbour Investments Inc. now owns 3,693 shares of the company’s stock worth $116,000 after purchasing an additional 692 shares during the period. Ascentis Independent Advisors purchased a new stake in SPDR SSgA Multi-Asset Real Return ETF during the 1st quarter worth $28,000. Finally, Illumine Investment Management LLC boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 1.8% during the 1st quarter. Illumine Investment Management LLC now owns 55,187 shares of the company’s stock worth $1,995,000 after purchasing an additional 962 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.9%

NYSEARCA:RLY opened at $37.59 on Friday. The company has a market capitalization of $1.32 billion, a P/E ratio of 17.02 and a beta of 0.47. The firm has a 50-day moving average price of $36.80 and a two-hundred day moving average price of $36.32. SPDR SSgA Multi-Asset Real Return ETF has a twelve month low of $30.43 and a twelve month high of $38.38.

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.