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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 39,988 shares, a decline of 85.9% from the October 15th total of 284,343 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 839,531 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TOTL. Arkadios Wealth Advisors raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% in the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock valued at $722,000 after buying an additional 373 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of SPDR Doubleline Total Return Tactical ETF by 13.4% during the third quarter. Parallel Advisors LLC now owns 3,265 shares of the company’s stock worth $122,000 after buying an additional 385 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 1.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 115,193 shares of the company’s stock worth $4,311,000 after buying an additional 1,499 shares during the last quarter. Greatmark Investment Partners Inc. grew its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 9.8% during the third quarter. Greatmark Investment Partners Inc. now owns 22,200 shares of the company’s stock worth $831,000 after buying an additional 1,975 shares during the last quarter. Finally, Pointe Capital Management LLC grew its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 8.7% during the second quarter. Pointe Capital Management LLC now owns 39,926 shares of the company’s stock worth $1,576,000 after buying an additional 3,191 shares during the last quarter.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.6%

TOTL stock traded down $0.23 on Thursday, hitting $37.65. The company’s stock had a trading volume of 1,433,692 shares, compared to its average volume of 534,673. The firm has a 50 day moving average of $37.86 and a two-hundred day moving average of $39.13. SPDR Doubleline Total Return Tactical ETF has a 1 year low of $37.09 and a 1 year high of $40.78.

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.