SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Short Interest Down 36.5% in April

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 69,087 shares, a drop of 36.5% from the April 15th total of 108,870 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 271,440 shares, the days-to-cover ratio is presently 0.3 days.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.4%

Shares of NYSEARCA:RLY traded down $0.16 during midday trading on Tuesday, reaching $36.80. 46,421 shares of the company were exchanged, compared to its average volume of 223,900. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $28.34 and a fifty-two week high of $37.43. The stock has a fifty day simple moving average of $36.34 and a two-hundred day simple moving average of $34.06. The firm has a market cap of $1.18 billion, a PE ratio of 17.02 and a beta of 0.47.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RLY. Ascentis Independent Advisors acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 1st quarter worth approximately $28,000. Comerica Bank increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after acquiring an additional 328 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% during the 1st quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock worth $57,000 after acquiring an additional 1,548 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 99.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after acquiring an additional 1,063 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter worth approximately $99,000.

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.