SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Short Interest Update

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 64,711 shares, a drop of 41.6% from the July 30th total of 110,886 shares. Based on an average daily trading volume, of 141,661 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of RLY traded up $0.09 during mid-day trading on Monday, hitting $37.54. The stock had a trading volume of 106,831 shares, compared to its average volume of 217,269. The firm has a market cap of $1.32 billion, a P/E ratio of 17.02 and a beta of 0.46. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $30.08 and a 52 week high of $37.89. The business has a fifty day moving average price of $35.96 and a 200-day moving average price of $36.08.

Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Johnson Bixby & Associates LLC grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 2,634.7% in the 1st quarter. Johnson Bixby & Associates LLC now owns 492,437 shares of the company’s stock valued at $17,802,000 after buying an additional 474,430 shares in the last quarter. Trilogy Capital Inc. lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 90.3% during the second quarter. Trilogy Capital Inc. now owns 664,246 shares of the company’s stock worth $22,923,000 after acquiring an additional 315,254 shares in the last quarter. Smartleaf Asset Management LLC bought a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter worth $9,759,000. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 148.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 334,051 shares of the company’s stock worth $10,555,000 after acquiring an additional 199,390 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.7% in the fourth quarter. Hantz Financial Services Inc. now owns 1,857,277 shares of the company’s stock valued at $58,411,000 after purchasing an additional 194,782 shares in the last quarter.

About SPDR SSgA Multi-Asset Real Return ETF

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.