DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Up 65.8% in August

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABSGet Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 6,403 shares, an increase of 65.8% from the July 30th total of 3,863 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 11,293 shares, the short-interest ratio is presently 0.6 days.

DoubleLine Asset-Backed Securities ETF Stock Down 0.6%

Shares of DABS opened at $50.10 on Wednesday. DoubleLine Asset-Backed Securities ETF has a 52 week low of $50.06 and a 52 week high of $51.52. The company’s 50 day moving average price is $50.44 and its 200 day moving average price is $50.63.

Institutional Investors Weigh In On DoubleLine Asset-Backed Securities ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF in the first quarter worth $31,000. Harbour Investments Inc. bought a new position in DoubleLine Asset-Backed Securities ETF during the fourth quarter valued at about $51,000. Legacy Capital Group California Inc. bought a new stake in shares of DoubleLine Asset-Backed Securities ETF during the first quarter valued at approximately $264,000. Basso Capital Management L.P. increased its holdings 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 buying an additional 2,000 shares during the period. Finally, Ritholtz Wealth Management bought a new stake in DoubleLine Asset-Backed Securities ETF in the first quarter valued at about $328,000.

About DoubleLine Asset-Backed Securities ETF

(Get Free Report)

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.

Further Reading

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