DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Update

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 6,674 shares, a decline of 66.0% from the January 15th total of 19,626 shares. Based on an average trading volume of 16,554 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 16,554 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of DoubleLine Asset-Backed Securities ETF in the first quarter worth $3,191,000. Mattson Financial Services LLC boosted its stake in DoubleLine Asset-Backed Securities ETF by 4.6% in the 2nd quarter. Mattson Financial Services LLC now owns 71,967 shares of the company’s stock worth $3,648,000 after purchasing an additional 3,196 shares during the period. Foundations Investment Advisors LLC bought a new position in DoubleLine Asset-Backed Securities ETF in the 2nd quarter worth about $2,194,000. Gradient Investments LLC grew its holdings 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 valued at $51,630,000 after buying an additional 54,162 shares in the last quarter. Finally, Paladin Wealth LLC increased its position in shares of DoubleLine Asset-Backed Securities ETF by 7.0% during the third quarter. Paladin Wealth LLC now owns 36,570 shares of the company’s stock valued at $1,868,000 after buying an additional 2,393 shares during the period.

DoubleLine Asset-Backed Securities ETF Price Performance

NYSEARCA:DABS traded down $0.03 on Wednesday, reaching $51.09. 92,921 shares of the company’s stock were exchanged, compared to its average volume of 15,470. The stock has a fifty day simple moving average of $50.93 and a 200-day simple moving average of $50.95. DoubleLine Asset-Backed Securities ETF has a 52 week low of $49.49 and a 52 week high of $54.15.

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.