SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Large Increase in Short Interest

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 101,686 shares, a growth of 57.1% from the August 15th total of 64,711 shares. Based on an average trading volume of 191,312 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

SPDR SSgA Multi-Asset Real Return ETF Stock Up 0.9%

Shares of RLY stock traded up $0.35 during trading on Thursday, hitting $37.59. The company had a trading volume of 162,552 shares, compared to its average volume of 219,251. The stock’s 50-day moving average is $36.75 and its two-hundred day moving average is $36.31. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 17.02 and a beta of 0.47. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $30.43 and a 52 week high of $38.38.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors purchased a new position in SPDR SSgA Multi-Asset Real Return ETF in the first quarter worth about $28,000. International Assets Investment Management LLC boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% during the first quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock valued at $57,000 after purchasing an additional 1,548 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF during the 2nd quarter valued at approximately $92,000. EverSource Wealth Advisors LLC acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter worth about $99,000. Finally, Fifth Third Bancorp acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 1st quarter worth approximately $116,000.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

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.