DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Update

DoubleLine Mortgage ETF (NYSEARCA:DMBS) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 32,196 shares, a decline of 29.3% from the December 15th total of 45,558 shares. Based on an average daily volume of 44,879 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 44,879 shares, the short-interest ratio is presently 0.7 days.

DoubleLine Mortgage ETF Stock Performance

Shares of DoubleLine Mortgage ETF stock traded down $0.07 during mid-day trading on Friday, hitting $49.83. The stock had a trading volume of 171,571 shares, compared to its average volume of 76,879. The firm has a 50-day moving average of $49.76 and a two-hundred day moving average of $49.51. DoubleLine Mortgage ETF has a 12-month low of $46.84 and a 12-month high of $50.21.

Hedge Funds Weigh In On DoubleLine Mortgage ETF

Several large investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 1st quarter worth $569,000. Parallel Advisors LLC increased its position in shares of DoubleLine Mortgage ETF by 69.2% during the second quarter. Parallel Advisors LLC now owns 14,049 shares of the company’s stock valued at $689,000 after acquiring an additional 5,747 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of DoubleLine Mortgage ETF during the second quarter valued at about $3,802,000. SeaBridge Investment Advisors LLC raised its stake in shares of DoubleLine Mortgage ETF by 20.3% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 79,657 shares of the company’s stock valued at $3,909,000 after acquiring an additional 13,425 shares during the period. Finally, TPG Financial Advisors LLC acquired a new position in shares of DoubleLine Mortgage ETF in the 2nd quarter worth approximately $9,776,000.

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.