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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 45,575 shares, an increase of 478.5% from the March 31st total of 7,878 shares. Based on an average trading volume of 404,741 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Cheviot Value Management LLC increased its holdings 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 buying an additional 188,770 shares during the period. 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 worth $37,995,000 after acquiring an additional 651,600 shares during the period. Horizon Investments LLC raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 1.5% during the fourth quarter. Horizon Investments LLC now owns 847,744 shares of the company’s stock worth $34,122,000 after purchasing an additional 12,799 shares during the last quarter. Captrust Financial Advisors lifted its position in SPDR Doubleline Total Return Tactical ETF by 1.2% during the third quarter. Captrust Financial Advisors now owns 520,670 shares of the company’s stock valued at $21,124,000 after purchasing an additional 6,139 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 8.4% in the first 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.

SPDR Doubleline Total Return Tactical ETF Stock Performance

TOTL stock traded up $0.05 during midday trading on Friday, reaching $39.92. The stock had a trading volume of 386,038 shares, compared to its average volume of 404,802. The firm has a fifty day simple moving average of $40.02 and a two-hundred day simple moving average of $40.28. SPDR Doubleline Total Return Tactical ETF has a 52-week low of $39.27 and a 52-week high of $40.86.

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.