DoubleLine Mortgage ETF (NYSEARCA:DMBS – Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 11,708 shares, a decline of 81.1% from the April 30th total of 61,813 shares. Based on an average trading volume of 65,722 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of DoubleLine Mortgage ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 1st quarter worth $48,000. Royal Bank of Canada acquired a new position in DoubleLine Mortgage ETF in the first quarter valued at $51,000. Sound Income Strategies LLC purchased a new stake in DoubleLine Mortgage ETF in the 1st quarter valued at about $101,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of DoubleLine Mortgage ETF during the 1st quarter valued at about $203,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter worth about $205,000.
DoubleLine Mortgage ETF Stock Performance
Shares of NYSEARCA DMBS traded up $0.06 during trading on Friday, reaching $49.18. The company had a trading volume of 62,388 shares, compared to its average volume of 86,161. DoubleLine Mortgage ETF has a twelve month low of $47.96 and a twelve month high of $50.54. The stock has a 50-day moving average price of $49.20 and a two-hundred day moving average price of $49.62.
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.
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