SPDR Doubleline Total Return Tactical ETF (TOTL) Sees Significant Decline in Short Interest

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 766,968 shares, a decrease of 49.4% from the February 15th total of 1,516,923 shares. Based on an average daily trading volume, of 328,336 shares, the days-to-cover ratio is presently 2.3 days.

A number of institutional investors have recently made changes to their positions in TOTL. We Are One Seven LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at $66,000. AdvisorNet Financial Inc grew its stake in SPDR Doubleline Total Return Tactical ETF by 23,333.3% in the 4th quarter. AdvisorNet Financial Inc now owns 2,109 shares of the company’s stock valued at $100,000 after purchasing an additional 2,100 shares during the period. Capital Financial Planning LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at $100,000. Financial Gravity Companies Inc. bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at $109,000. Finally, Berman Capital Advisors LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at $181,000.

Shares of SPDR Doubleline Total Return Tactical ETF stock opened at $47.96 on Tuesday. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $46.63 and a 12-month high of $48.02.

The business also recently declared a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a dividend of $0.1345 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.61 annualized dividend and a yield of 3.37%.

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