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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 608,429 shares, a growth of 57.0% from the December 15th total of 387,432 shares. Based on an average trading volume of 342,484 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 342,484 shares, the days-to-cover ratio is currently 1.8 days.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Large investors have recently bought and sold shares of the company. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the third quarter valued at about $29,000. Bare Financial Services Inc acquired a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter valued at about $31,000. Triumph Capital Management purchased a new stake in SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at approximately $39,000. FWL Investment Management LLC increased its position in SPDR Doubleline Total Return Tactical ETF by 13.2% during the 2nd quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock worth $170,000 after purchasing an additional 495 shares during the period. Finally, Betterment LLC increased its position in SPDR Doubleline Total Return Tactical ETF by 4.6% during the 3rd quarter. Betterment LLC now owns 5,748 shares of the company’s stock worth $233,000 after purchasing an additional 251 shares during the period.

SPDR Doubleline Total Return Tactical ETF Price Performance

NYSEARCA:TOTL opened at $40.26 on Friday. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $39.22 and a 12-month high of $40.86. The stock’s 50 day simple moving average is $40.39 and its 200-day simple moving average is $40.32.

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.