State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) Short Interest Down 46.5% in July

State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 63,209 shares, a decrease of 46.5% from the June 30th total of 118,145 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average trading volume of 67,170 shares, the days-to-cover ratio is presently 0.9 days.

State Street DoubleLine Short Duration Total Return Tactical ETF Price Performance

State Street DoubleLine Short Duration Total Return Tactical ETF stock opened at $46.90 on Wednesday. State Street DoubleLine Short Duration Total Return Tactical ETF has a one year low of $46.81 and a one year high of $47.55. The business has a fifty day moving average of $46.95 and a two-hundred day moving average of $47.12.

Hedge Funds Weigh In On State Street DoubleLine Short Duration Total Return Tactical ETF

A number of large investors have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the first quarter worth about $214,000. Flow Traders U.S. LLC acquired a new position in State Street DoubleLine Short Duration Total Return Tactical ETF during the second quarter worth about $244,000. Finally, Janney Montgomery Scott LLC increased its holdings in State Street DoubleLine Short Duration Total Return Tactical ETF by 16.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 37,520 shares of the company’s stock valued at $1,774,000 after buying an additional 5,377 shares in the last quarter.

State Street DoubleLine Short Duration Total Return Tactical ETF Company Profile

The SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in short duration investment grade and high-yield fixed income securities. STOT was launched on Apr 13, 2016 and is managed by State Street.