Short Interest in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Decreases By 55.1%

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 124,687 shares, a decline of 55.1% from the January 29th total of 277,824 shares. Based on an average trading volume of 374,990 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 374,990 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Doubleline Total Return Tactical ETF Stock Performance

Shares of TOTL stock traded up $0.09 during trading on Friday, hitting $40.75. 412,419 shares of the company were exchanged, compared to its average volume of 388,929. The business’s 50-day simple moving average is $40.35 and its 200 day simple moving average is $40.43. SPDR Doubleline Total Return Tactical ETF has a twelve month low of $39.22 and a twelve month high of $40.86.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1646 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the 2nd quarter valued at about $916,000. Bank of New York Mellon Corp raised its position in SPDR Doubleline Total Return Tactical ETF by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 1,572,014 shares of the company’s stock valued at $63,053,000 after acquiring an additional 32,092 shares in the last quarter. Motco raised its position in SPDR Doubleline Total Return Tactical ETF by 23.8% during the second quarter. Motco now owns 21,715 shares of the company’s stock valued at $866,000 after acquiring an additional 4,175 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in SPDR Doubleline Total Return Tactical ETF by 8.9% in the third quarter. Pinnacle Wealth Management Advisory Group LLC now owns 292,122 shares of the company’s stock valued at $11,851,000 after acquiring an additional 23,981 shares during the last quarter. Finally, Vicus Capital lifted its stake in SPDR Doubleline Total Return Tactical ETF by 4.6% in the third quarter. Vicus Capital now owns 301,141 shares of the company’s stock valued at $12,217,000 after acquiring an additional 13,199 shares during the last quarter.

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.