SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Decrease in Short Interest

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 124,687 shares, a decrease of 55.1% from the January 29th total of 277,824 shares. Based on an average daily trading volume, of 374,990 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 374,990 shares, the short-interest ratio is currently 0.3 days.

SPDR Doubleline Total Return Tactical ETF Price Performance

SPDR Doubleline Total Return Tactical ETF stock traded up $0.08 during trading hours on Friday, reaching $40.74. The company had a trading volume of 79,799 shares, compared to its average volume of 379,544. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $39.22 and a 12-month high of $40.86. The company has a 50-day moving average price of $40.34 and a 200 day moving average price of $40.43.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1646 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of institutional investors have recently modified their holdings of TOTL. Captrust Financial Advisors raised its position in SPDR Doubleline Total Return Tactical ETF by 111.6% during the 2nd quarter. Captrust Financial Advisors now owns 514,531 shares of the company’s stock valued at $20,638,000 after purchasing an additional 271,382 shares during the last quarter. Cheviot Value Management LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 17.5% in the fourth quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock valued at $51,152,000 after acquiring an additional 188,770 shares in the last quarter. Ethos Financial Group LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 2nd quarter worth $4,467,000. JPMorgan Chase & Co. lifted its position in shares of SPDR Doubleline Total Return Tactical ETF by 158.3% in the 4th quarter. JPMorgan Chase & Co. now owns 138,070 shares of the company’s stock worth $5,557,000 after purchasing an additional 84,623 shares during the period. Finally, Jaffetilchin Investment Partners LLC boosted its stake in shares of SPDR Doubleline Total Return Tactical ETF by 36.5% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 222,459 shares of the company’s stock valued at $8,954,000 after purchasing an additional 59,478 shares in the last quarter.

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.