DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Short Interest Up 143.7% in June

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 21,617 shares, a growth of 143.7% from the June 15th total of 8,872 shares. Based on an average daily trading volume, of 10,538 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of DoubleLine Multi-Sector Income ETF

Large investors have recently bought and sold shares of the stock. Hippocratic Financial Advisors LLC raised its holdings in shares of DoubleLine Multi-Sector Income ETF by 13.2% in the fourth quarter. Hippocratic Financial Advisors LLC now owns 539,903 shares of the company’s stock worth $27,276,000 after buying an additional 62,856 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of DoubleLine Multi-Sector Income ETF by 52.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock valued at $12,627,000 after buying an additional 86,308 shares during the last quarter. Seascape Capital Management increased its position in shares of DoubleLine Multi-Sector Income ETF by 5.0% in the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock valued at $7,744,000 after acquiring an additional 7,310 shares during the period. Sanctuary Advisors LLC increased its position in shares of DoubleLine Multi-Sector Income ETF by 3.8% in the 4th quarter. Sanctuary Advisors LLC now owns 125,612 shares of the company’s stock valued at $6,346,000 after acquiring an additional 4,638 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in DoubleLine Multi-Sector Income ETF in the 3rd quarter worth $756,000.

DoubleLine Multi-Sector Income ETF Stock Performance

NYSEARCA DMX remained flat at $50.15 during trading on Thursday. The company’s stock had a trading volume of 9,787 shares, compared to its average volume of 12,004. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.87. The firm’s fifty day moving average is $50.13 and its 200 day moving average is $50.30.

DoubleLine Multi-Sector Income ETF Company Profile

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.