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

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

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

Large investors have recently added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 6.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock valued at $14,241,000 after acquiring an additional 23,147 shares during the last quarter. Bank of New Hampshire raised its position in SPDR Doubleline Total Return Tactical ETF by 50.4% in the third quarter. Bank of New Hampshire now owns 116,703 shares of the company’s stock valued at $4,367,000 after purchasing an additional 39,113 shares during the period. Bank of New York Mellon Corp raised its position in SPDR Doubleline Total Return Tactical ETF by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock valued at $32,740,000 after purchasing an additional 25,859 shares during the period. Pension & Wealth Management Advisors Inc. raised its position in SPDR Doubleline Total Return Tactical ETF by 11.6% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 727,183 shares of the company’s stock valued at $27,211,000 after purchasing an additional 75,730 shares during the period. Finally, Arkadios Wealth Advisors raised its position in 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 purchasing an additional 373 shares during the period.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.1%

TOTL traded down $0.05 during trading on Wednesday, reaching $37.88. The company’s stock had a trading volume of 179,577 shares, compared to its average volume of 527,566. The firm has a fifty day simple moving average of $37.88 and a two-hundred day simple moving average of $39.14. SPDR Doubleline Total Return Tactical ETF has a 1 year low of $37.09 and a 1 year high of $40.78.

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.