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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 432,255 shares, a growth of 246.7% from the February 12th total of 124,687 shares. Based on an average daily trading volume, of 389,040 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 389,040 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at about $29,000. Bare Financial Services Inc bought a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter worth approximately $31,000. Triumph Capital Management bought a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter worth approximately $39,000. FWL Investment Management LLC lifted its stake in SPDR Doubleline Total Return Tactical ETF by 13.2% in the second quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock valued at $170,000 after buying an additional 495 shares during the period. Finally, Boston Family Office LLC acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the 4th quarter worth approximately $201,000.

SPDR Doubleline Total Return Tactical ETF Stock Performance

TOTL stock traded down $0.15 during trading on Wednesday, hitting $40.06. The company had a trading volume of 235,704 shares, compared to its average volume of 401,771. The business has a 50-day moving average of $40.36 and a 200-day moving average of $40.45. SPDR Doubleline Total Return Tactical ETF has a one year low of $39.22 and a one year high of $40.86.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1584 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

About SPDR Doubleline Total Return Tactical ETF

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.