DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Down 32.9% in December

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 45,558 shares, a decrease of 32.9% from the November 30th total of 67,927 shares. Based on an average daily volume of 47,234 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 47,234 shares, the short-interest ratio is presently 1.0 days.

DoubleLine Mortgage ETF Trading Up 0.1%

Shares of DoubleLine Mortgage ETF stock traded up $0.05 on Monday, reaching $49.74. 24,686 shares of the stock were exchanged, compared to its average volume of 67,876. DoubleLine Mortgage ETF has a twelve month low of $46.84 and a twelve month high of $50.21. The business has a 50 day moving average price of $49.80 and a two-hundred day moving average price of $49.40.

Hedge Funds Weigh In On DoubleLine Mortgage ETF

A number of hedge funds have recently bought and sold shares of DMBS. Gradient Investments LLC raised its position in DoubleLine Mortgage ETF by 28.3% during the third quarter. Gradient Investments LLC now owns 2,406,817 shares of the company’s stock worth $119,571,000 after acquiring an additional 531,491 shares during the period. Evergreen Capital Management LLC increased its stake in shares of DoubleLine Mortgage ETF by 13.6% during the second quarter. Evergreen Capital Management LLC now owns 645,725 shares of the company’s stock worth $31,686,000 after purchasing an additional 77,130 shares in the last quarter. Tortoise Investment Management LLC raised its position in shares of DoubleLine Mortgage ETF by 6.9% during the 2nd quarter. Tortoise Investment Management LLC now owns 320,021 shares of the company’s stock worth $15,703,000 after purchasing an additional 20,762 shares during the last quarter. Paladin Wealth LLC lifted its stake in DoubleLine Mortgage ETF by 13.1% in the 2nd quarter. Paladin Wealth LLC now owns 65,501 shares of the company’s stock valued at $3,214,000 after buying an additional 7,599 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in DoubleLine Mortgage ETF by 69.2% in the 2nd quarter. Parallel Advisors LLC now owns 14,049 shares of the company’s stock worth $689,000 after buying an additional 5,747 shares during the last quarter.

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.