SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Up 1,251.7% in May

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 307,848 shares, an increase of 1,251.7% from the May 14th total of 22,775 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 425,302 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Investment Advisors MI boosted its stake in SPDR Doubleline Total Return Tactical ETF by 184.2% during the first quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock worth $624,000 after acquiring an additional 10,177 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in SPDR Doubleline Total Return Tactical ETF by 2.1% during the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock worth $722,000 after acquiring an additional 373 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in SPDR Doubleline Total Return Tactical ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock worth $32,740,000 after acquiring an additional 25,859 shares in the last quarter. USAdvisors Wealth Management LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 3.0% during the first quarter. USAdvisors Wealth Management LLC now owns 88,735 shares of the company’s stock worth $3,517,000 after acquiring an additional 2,545 shares in the last quarter. Finally, Vicus Capital boosted its stake in 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 worth $12,699,000 after acquiring an additional 16,811 shares in the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Up 0.2%

NYSEARCA TOTL traded up $0.07 on Tuesday, hitting $39.15. 514,301 shares of the company were exchanged, compared to its average volume of 403,325. 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 of $39.57 and a 200-day moving average of $40.03.

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.