DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 2,693 shares, a growth of 49.8% from the March 15th total of 1,798 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 9,111 shares, the short-interest ratio is currently 0.3 days.
DoubleLine Asset-Backed Securities ETF Stock Performance
Shares of NYSEARCA:DABS traded up $0.07 during mid-day trading on Tuesday, reaching $50.72. The stock had a trading volume of 11,181 shares, compared to its average volume of 13,655. The firm has a 50 day simple moving average of $50.95 and a two-hundred day simple moving average of $50.97. DoubleLine Asset-Backed Securities ETF has a twelve month low of $49.66 and a twelve month high of $54.15.
Institutional Trading of DoubleLine Asset-Backed Securities ETF
A number of large investors have recently bought and sold shares of the business. Harbour Investments Inc. bought a new stake in shares of DoubleLine Asset-Backed Securities ETF during the 4th quarter worth approximately $51,000. Basso Capital Management L.P. raised its stake in shares of DoubleLine Asset-Backed Securities ETF by 133.3% during the 3rd quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock worth $179,000 after purchasing an additional 2,000 shares in the last quarter. Csenge Advisory Group acquired a new position in shares of DoubleLine Asset-Backed Securities ETF during the 4th quarter worth approximately $361,000. A4 Wealth Advisors LLC acquired a new position in shares of DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth approximately $390,000. Finally, Naples Global Advisors LLC acquired a new position in shares of DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth approximately $407,000.
About DoubleLine Asset-Backed Securities ETF
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.
Featured Stories
Receive News & Ratings for DoubleLine Asset-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Asset-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
