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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 608,429 shares, an increase of 57.0% from the December 15th total of 387,432 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 342,484 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 342,484 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company’s stock are sold short.

SPDR Doubleline Total Return Tactical ETF Price Performance

NYSEARCA TOTL traded down $0.05 during mid-day trading on Friday, reaching $40.29. The stock had a trading volume of 150,967 shares, compared to its average volume of 359,047. SPDR Doubleline Total Return Tactical ETF has a 1 year low of $39.22 and a 1 year high of $40.86. The company has a fifty day moving average price of $40.39 and a 200 day moving average price of $40.32.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TOTL. ADG Wealth Management Group LLC bought a new stake in SPDR Doubleline Total Return Tactical ETF in the 4th quarter worth about $233,000. Jaffetilchin Investment Partners LLC lifted its stake in 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 acquiring an additional 59,478 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 317.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,447 shares of the company’s stock valued at $2,168,000 after acquiring an additional 40,644 shares during the last quarter. Triumph Capital Management bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the third quarter worth approximately $39,000. Finally, Pointe Capital Management LLC raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.3% during the third quarter. Pointe Capital Management LLC now owns 31,591 shares of the company’s stock valued at $1,282,000 after purchasing an additional 701 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.