State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 19,991 shares, a drop of 74.0% from the July 30th total of 76,903 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 49,471 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Trading of State Street DoubleLine Short Duration Total Return Tactical ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in shares of State Street DoubleLine Short Duration Total Return Tactical ETF by 16.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 37,520 shares of the company’s stock worth $1,774,000 after purchasing an additional 5,377 shares during the period. Flow Traders U.S. LLC acquired a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the 2nd quarter worth approximately $244,000. Finally, Root Financial Partners LLC acquired a new position in State Street DoubleLine Short Duration Total Return Tactical ETF in the 1st quarter worth $214,000.
State Street DoubleLine Short Duration Total Return Tactical ETF Price Performance
BATS STOT opened at $46.91 on Thursday. The stock has a 50-day simple moving average of $46.88 and a 200 day simple moving average of $47.05. State Street DoubleLine Short Duration Total Return Tactical ETF has a twelve month low of $46.73 and a twelve month high of $47.55.
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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