Short Interest in State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT) Declines By 55.9%

State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOTGet Free Report) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 47,179 shares, a decline of 55.9% from the May 31st total of 107,010 shares. Based on an average trading volume of 51,442 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the shares of the company are short sold.

State Street DoubleLine Short Duration Total Return Tactical ETF Price Performance

BATS:STOT opened at $47.10 on Tuesday. State Street DoubleLine Short Duration Total Return Tactical ETF has a 1 year low of $46.88 and a 1 year high of $47.55. The business has a fifty day moving average of $47.04 and a 200-day moving average of $47.18.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its position in shares of State Street DoubleLine Short Duration Total Return Tactical ETF by 16.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 37,520 shares of the company’s stock worth $1,774,000 after buying an additional 5,377 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of State Street DoubleLine Short Duration Total Return Tactical ETF in the 2nd quarter worth approximately $244,000. Finally, Root Financial Partners LLC bought a new position in shares of State Street DoubleLine Short Duration Total Return Tactical ETF in the first quarter valued at approximately $214,000.

State Street DoubleLine Short Duration Total Return Tactical ETF Company Profile

(Get Free Report)

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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