Short Interest in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Declines By 41.6%

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 64,711 shares, a decline of 41.6% from the July 30th total of 110,886 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 141,661 shares, the days-to-cover ratio is currently 0.5 days.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.3%

NYSEARCA:RLY traded up $0.11 during mid-day trading on Tuesday, hitting $37.71. The company’s stock had a trading volume of 318,532 shares, compared to its average volume of 218,265. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $30.08 and a fifty-two week high of $37.89. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 17.02 and a beta of 0.46. The stock has a fifty day moving average of $36.00 and a 200-day moving average of $36.10.

Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF in the 1st quarter valued at $28,000. Comerica Bank boosted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% in the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after purchasing an additional 328 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% in the 1st quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock worth $57,000 after purchasing an additional 1,548 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter worth about $99,000. Finally, Harbour Investments Inc. lifted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 23.1% during the 4th quarter. Harbour Investments Inc. now owns 3,693 shares of the company’s stock valued at $116,000 after purchasing an additional 692 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

The SPDR SSgA Multi-Asset Real Return ETF (RLY) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that attempts to hedge against inflation by investing in funds with exposure to real estate, commodities, TIPS and natural resources companies. RLY was launched on Apr 25, 2012 and is managed by State Street.