State Street DoubleLine Short Duration Total Return Tactical ETF (BATS:STOT – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 47,179 shares, a decrease of 55.9% from the May 31st total of 107,010 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 51,442 shares, the short-interest ratio is currently 0.9 days.
Hedge Funds Weigh In On State Street DoubleLine Short Duration Total Return Tactical ETF
Several hedge funds and other institutional investors have recently made changes to their positions in STOT. Janney Montgomery Scott LLC grew its holdings in State Street DoubleLine Short Duration Total Return Tactical ETF by 1.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,045 shares of the company’s stock worth $1,793,000 after buying an additional 525 shares in the last quarter. Root Financial Partners LLC bought a new stake in State Street DoubleLine Short Duration Total Return Tactical ETF during the 1st quarter valued at $214,000. Finally, Flow Traders U.S. LLC acquired a new position in State Street DoubleLine Short Duration Total Return Tactical ETF during the 2nd quarter worth $244,000.
State Street DoubleLine Short Duration Total Return Tactical ETF Stock Down 0.1%
STOT stock opened at $47.06 on Wednesday. The firm’s 50-day simple moving average is $47.04 and its 200 day simple moving average is $47.18. State Street DoubleLine Short Duration Total Return Tactical ETF has a fifty-two week low of $46.88 and a fifty-two week high of $47.55.
About State Street DoubleLine Short Duration Total Return Tactical ETF
The SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in short duration investment grade and high-yield fixed income securities. STOT was launched on Apr 13, 2016 and is managed by State Street.
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