SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Shares Shorted: Short Interest Up 4,380.0% in October

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 284,343 shares, an increase of 4,380.0% from the September 30th total of 6,347 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 813,730 shares, the short-interest ratio is presently 0.3 days.

SPDR Doubleline Total Return Tactical ETF Stock Performance

SPDR Doubleline Total Return Tactical ETF stock opened at $37.97 on Wednesday. The business has a 50-day simple moving average of $38.03 and a two-hundred day simple moving average of $39.25. SPDR Doubleline Total Return Tactical ETF has a 52-week low of $37.09 and a 52-week high of $40.83.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Several hedge funds have recently modified their holdings of TOTL. Strategic Investment Advisors MI increased its position in SPDR Doubleline Total Return Tactical ETF by 184.2% in the first quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock worth $624,000 after purchasing an additional 10,177 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% in the 1st quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock worth $722,000 after buying an additional 373 shares during the last quarter. Pointe Capital Management LLC raised its position in shares of SPDR Doubleline Total Return Tactical ETF by 8.7% during the 2nd quarter. Pointe Capital Management LLC now owns 39,926 shares of the company’s stock valued at $1,576,000 after buying an additional 3,191 shares in the last quarter. Principia Wealth Advisory LLC raised its position in shares of SPDR Doubleline Total Return Tactical ETF by 17.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 52,765 shares of the company’s stock valued at $2,083,000 after buying an additional 7,750 shares in the last quarter. Finally, USAdvisors Wealth Management LLC raised its position in shares of SPDR Doubleline Total Return Tactical ETF by 3.0% during the 1st quarter. USAdvisors Wealth Management LLC now owns 88,735 shares of the company’s stock valued at $3,517,000 after buying an additional 2,545 shares in the last quarter.

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.