DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Sees Significant Growth in Short Interest

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 19,626 shares, a growth of 143.6% from the December 31st total of 8,058 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily volume of 13,205 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 13,205 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Gradient Investments LLC raised its position in DoubleLine Asset-Backed Securities ETF by 5.7% during the 3rd quarter. Gradient Investments LLC now owns 1,010,950 shares of the company’s stock worth $51,630,000 after buying an additional 54,162 shares during the last quarter. Mattson Financial Services LLC raised its stake in shares of DoubleLine Asset-Backed Securities ETF by 4.6% during the 2nd quarter. Mattson Financial Services LLC now owns 71,967 shares of the company’s stock valued at $3,648,000 after buying an additional 3,196 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of DoubleLine Asset-Backed Securities ETF in the 2nd quarter valued at about $2,194,000. Flow Traders U.S. LLC purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF in the third quarter worth about $1,853,000. Finally, Asset Advisors Investment Management LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF during the fourth quarter worth about $7,803,000.

DoubleLine Asset-Backed Securities ETF Trading Up 0.1%

NYSEARCA:DABS traded up $0.07 during midday trading on Friday, reaching $51.13. 5,419 shares of the stock traded hands, compared to its average volume of 14,831. DoubleLine Asset-Backed Securities ETF has a 12-month low of $49.49 and a 12-month high of $54.15. The business has a 50-day moving average of $50.94 and a two-hundred day moving average of $50.91.

DoubleLine Asset-Backed Securities ETF Company Profile

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.