Short Interest in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Drops By 25.1%
by Amy Steele · The Cerbat GemSPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 79,896 shares, a drop of 25.1% from the December 15th total of 106,687 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 74,477 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 74,477 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the company’s stock are short sold.
SPDR SSgA Multi-Asset Real Return ETF Trading Down 0.0%
Shares of NYSEARCA:RLY traded down $0.01 on Friday, reaching $32.95. The company had a trading volume of 73,394 shares, compared to its average volume of 136,318. SPDR SSgA Multi-Asset Real Return ETF has a 52-week low of $25.63 and a 52-week high of $33.16. The firm’s 50 day simple moving average is $31.80 and its 200-day simple moving average is $30.82. The firm has a market capitalization of $665.92 million, a PE ratio of 17.02 and a beta of 0.57.
Institutional Investors Weigh In On SPDR SSgA Multi-Asset Real Return ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Comerica Bank grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after buying an additional 328 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 2.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 15,680 shares of the company’s stock worth $484,000 after purchasing an additional 349 shares during the last quarter. Harbour Investments Inc. grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 14.9% during the second quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock worth $92,000 after buying an additional 410 shares in the last quarter. Illumine Investment Management LLC grew its holdings in SPDR SSgA Multi-Asset Real Return ETF by 0.9% in the 3rd quarter. Illumine Investment Management LLC now owns 53,111 shares of the company’s stock valued at $1,640,000 after buying an additional 455 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 19,930 shares of the company’s stock worth $580,000 after buying an additional 607 shares during the period.
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.
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