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

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

Institutional Trading of DoubleLine Mortgage ETF

A number of hedge funds have recently modified their holdings of the stock. Vermillion & White Wealth Management Group LLC grew its stake in DoubleLine Mortgage ETF by 19,520.8% in the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 33,944 shares of the company’s stock valued at $1,686,000 after buying an additional 33,771 shares during the last quarter. OmniStar Financial Group Inc. boosted its holdings in shares of DoubleLine Mortgage ETF by 45.9% during the third quarter. OmniStar Financial Group Inc. now owns 25,630 shares of the company’s stock worth $1,273,000 after acquiring an additional 8,068 shares during the period. Susquehanna International Group LLP acquired a new position in shares of DoubleLine Mortgage ETF in the third quarter valued at approximately $211,000. Integrated Wealth Concepts LLC grew its position in shares of DoubleLine Mortgage ETF by 13.2% in the third quarter. Integrated Wealth Concepts LLC now owns 113,851 shares of the company’s stock valued at $5,656,000 after purchasing an additional 13,257 shares during the last quarter. Finally, Comerica Bank bought a new position in shares of DoubleLine Mortgage ETF during the third quarter worth approximately $689,000.

DoubleLine Mortgage ETF Price Performance

DoubleLine Mortgage ETF stock remained flat at $49.74 during mid-day trading on Tuesday. The company’s stock had a trading volume of 50,531 shares, compared to its average volume of 67,806. The company has a fifty day moving average of $49.78 and a 200 day moving average of $49.42. DoubleLine Mortgage ETF has a fifty-two week low of $46.84 and a fifty-two week high of $50.21.

DoubleLine Mortgage ETF Company Profile

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.