DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Update

DoubleLine Mortgage ETF (NYSEARCA:DMBS) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 69,554 shares, an increase of 494.1% from the May 14th total of 11,708 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 130,217 shares, the days-to-cover ratio is presently 0.5 days.

DoubleLine Mortgage ETF Stock Down 0.0%

DoubleLine Mortgage ETF stock traded down $0.02 during midday trading on Wednesday, hitting $48.70. The stock had a trading volume of 28,689 shares, compared to its average volume of 85,215. DoubleLine Mortgage ETF has a 12 month low of $48.19 and a 12 month high of $50.54. The business has a fifty day moving average price of $49.14 and a 200 day moving average price of $49.57.

Institutional Trading of DoubleLine Mortgage ETF

A number of institutional investors have recently made changes to their positions in the stock. Advocacy Wealth Management LLC acquired a new position in DoubleLine Mortgage ETF in the 4th quarter worth approximately $48,488,000. Captrust Financial Advisors acquired a new stake in DoubleLine Mortgage ETF during the 4th quarter valued at $46,036,000. Cambridge Associates LLC MA ADV acquired a new stake in DoubleLine Mortgage ETF during the 4th quarter valued at $20,302,000. Compound Planning Inc. raised its stake in DoubleLine Mortgage ETF by 1,467.1% during the 4th quarter. Compound Planning Inc. now owns 272,928 shares of the company’s stock valued at $13,552,000 after purchasing an additional 255,512 shares during the period. Finally, Gradient Investments LLC raised its stake in DoubleLine Mortgage ETF by 10.2% during the 4th quarter. Gradient Investments LLC now owns 2,653,434 shares of the company’s stock valued at $131,756,000 after purchasing an additional 246,617 shares during the period.

About DoubleLine Mortgage ETF

The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.