Short Interest in DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Drops By 69.0%

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,249 shares, a decrease of 69.0% from the February 12th total of 16,958 shares. Based on an average trading volume of 10,599 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 10,599 shares, the days-to-cover ratio is presently 0.5 days.

DoubleLine Asset-Backed Securities ETF Price Performance

NYSEARCA DABS remained flat at $50.89 on Friday. 11,386 shares of the company were exchanged, compared to its average volume of 16,012. DoubleLine Asset-Backed Securities ETF has a 52 week low of $49.49 and a 52 week high of $54.15. The business has a fifty day moving average of $51.04 and a 200 day moving average of $51.01.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Compound Planning Inc. acquired a new position in shares of DoubleLine Asset-Backed Securities ETF during the 4th quarter worth approximately $725,000. Basso Capital Management L.P. grew its stake in DoubleLine Asset-Backed Securities ETF by 57.1% in the 4th quarter. Basso Capital Management L.P. now owns 5,500 shares of the company’s stock valued at $280,000 after acquiring an additional 2,000 shares during the period. Safe Harbor Wealth Advisors LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF in the 4th quarter valued at $664,000. Mattson Financial Services LLC increased its holdings in DoubleLine Asset-Backed Securities ETF by 14.1% in the 4th quarter. Mattson Financial Services LLC now owns 84,976 shares of the company’s stock worth $4,326,000 after acquiring an additional 10,522 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its position in DoubleLine Asset-Backed Securities ETF by 119.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 102,278 shares of the company’s stock worth $5,207,000 after acquiring an additional 55,711 shares during the period.

About DoubleLine Asset-Backed Securities ETF

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.