State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 118,145 shares, an increase of 150.4% from the June 15th total of 47,179 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average daily volume of 74,571 shares, the days-to-cover ratio is presently 1.6 days.
State Street DoubleLine Short Duration Total Return Tactical ETF Stock Performance
BATS:STOT opened at $46.92 on Thursday. State Street DoubleLine Short Duration Total Return Tactical ETF has a 12-month low of $46.81 and a 12-month high of $47.55. The stock’s 50 day moving average price is $46.97 and its two-hundred day moving average price is $47.15.
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 company. Root Financial Partners LLC bought a new position in State Street DoubleLine Short Duration Total Return Tactical ETF during the 1st quarter worth $214,000. Janney Montgomery Scott LLC increased its stake in State Street DoubleLine Short Duration Total Return Tactical ETF by 1.4% in the first quarter. Janney Montgomery Scott LLC now owns 38,045 shares of the company’s stock valued at $1,793,000 after acquiring an additional 525 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of State Street DoubleLine Short Duration Total Return Tactical ETF in the 2nd quarter valued at $244,000.
About State Street DoubleLine Short Duration Total Return Tactical ETF
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.
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