Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 11,145 shares, a growth of 505.4% from the September 15th total of 1,841 shares. Based on an average daily volume of 15,305 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.9% of the shares of the stock are sold short.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Doubleline Fortune 500 Equal Weight ETF stock. Root Financial Partners LLC bought a new stake in shares of Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 870 shares of the company’s stock, valued at approximately $28,000. Root Financial Partners LLC owned 0.10% of Doubleline Fortune 500 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Doubleline Fortune 500 Equal Weight ETF Stock Up 0.1%
Shares of Doubleline Fortune 500 Equal Weight ETF stock traded up $0.02 during trading on Friday, reaching $35.56. The company’s stock had a trading volume of 2,529 shares, compared to its average volume of 6,520. Doubleline Fortune 500 Equal Weight ETF has a 52-week low of $30.10 and a 52-week high of $39.71. The firm’s 50-day moving average is $36.53 and its two-hundred day moving average is $35.42. The company has a market cap of $44.81 million, a price-to-earnings ratio of 15.69 and a beta of 0.81.
About Doubleline Fortune 500 Equal Weight ETF
The DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an exchange-traded fund that is based on the Barclays Fortune 500 Equal Weighted index. The fund tracks an equal-weighted index of US stocks, selected based on revenue. The portfolio is constructed from the Fortune 500 list. DFVE was launched on Jan 31, 2024 and is issued by DoubleLine.
Further Reading
- Five stocks we like better than Doubleline Fortune 500 Equal Weight ETF
- 3 Unique ETFs With Strong Momentum for the End of the Year
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
Receive News & Ratings for Doubleline Fortune 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Doubleline Fortune 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
