DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Update

DoubleLine Mortgage ETF (NYSEARCA:DMBS – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 61,813 shares, a growth of 354.5% from the April 15th total of 13,600 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 67,615 shares, the short-interest ratio is currently 0.9 days.

DoubleLine Mortgage ETF Stock Performance

Shares of DMBS stock opened at $49.00 on Wednesday. DoubleLine Mortgage ETF has a 52 week low of $47.74 and a 52 week high of $50.54. The stock’s fifty day moving average is $49.46 and its 200-day moving average is $49.71.

Get DoubleLine Mortgage ETF alerts:

DoubleLine Mortgage ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2122 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. This is a boost from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Monday, March 2nd.

Hedge Funds Weigh In On DoubleLine Mortgage ETF

Large investors have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of DoubleLine Mortgage ETF during the first quarter valued at $48,000. Sound Income Strategies LLC acquired a new position in shares of DoubleLine Mortgage ETF during the first quarter valued at $101,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of DoubleLine Mortgage ETF during the first quarter valued at $203,000. Flow Traders U.S. LLC acquired a new position in shares of DoubleLine Mortgage ETF during the second quarter valued at $205,000. Finally, Waterfront Wealth Inc. acquired a new position in shares of DoubleLine Mortgage ETF during the first quarter valued at $211,000.

DoubleLine Mortgage ETF Company Profile

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than DoubleLine Mortgage ETF
• Navy Catalyst Ignites Odysight’s Growth Engine
• AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
• Axon Surged After Earnings and Is Still Down Over 50% From Highs
• The Event That Could Redefine Apple’s Summer Rally

Receive News & Ratings for DoubleLine Mortgage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Mortgage ETF and related companies with MarketBeat.com's FREE daily email newsletter.