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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 65,653 shares, a growth of 404.1% from the July 30th total of 13,023 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 370,138 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Several large investors have recently added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 8.4% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock valued at $13,415,000 after purchasing an additional 26,056 shares during the last quarter. Cheviot Value Management LLC grew its position in SPDR Doubleline Total Return Tactical ETF by 17.5% in the 4th quarter. Cheviot Value Management LLC now owns 1,269,271 shares of the company’s stock worth $51,152,000 after purchasing an additional 188,770 shares during the last quarter. Vicus Capital grew its position in SPDR Doubleline Total Return Tactical ETF by 5.6% in the 1st quarter. Vicus Capital now owns 319,644 shares of the company’s stock worth $12,699,000 after purchasing an additional 16,811 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% in the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock valued at $37,995,000 after purchasing an additional 651,600 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of 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 valued at $32,740,000 after buying an additional 25,859 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.1%

Shares of NYSEARCA TOTL traded down $0.04 during mid-day trading on Wednesday, hitting $38.92. The company had a trading volume of 159,708 shares, compared to its average volume of 450,856. SPDR Doubleline Total Return Tactical ETF has a 12 month low of $38.61 and a 12 month high of $40.86. The firm’s 50 day simple moving average is $39.03 and its two-hundred day simple moving average is $39.54.

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.