DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 6,117 shares, a decline of 66.6% from the April 30th total of 18,304 shares. Based on an average trading volume of 10,807 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short.
DoubleLine Multi-Sector Income ETF Price Performance
DMX traded up $0.05 during trading on Friday, reaching $50.31. 7,013 shares of the company’s stock were exchanged, compared to its average volume of 12,122. The company’s fifty day moving average price is $50.16 and its 200-day moving average price is $50.39. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.87.
Institutional Investors Weigh In On DoubleLine Multi-Sector Income ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in DoubleLine Multi-Sector Income ETF in the 1st quarter valued at about $38,000. Jane Street Group LLC boosted its holdings in DoubleLine Multi-Sector Income ETF by 31.1% in the 2nd quarter. Jane Street Group LLC now owns 9,480 shares of the company’s stock valued at $478,000 after purchasing an additional 2,249 shares during the period. Sanctuary Advisors LLC increased its holdings in DoubleLine Multi-Sector Income ETF by 3.8% in the 4th quarter. Sanctuary Advisors LLC now owns 125,612 shares of the company’s stock valued at $6,346,000 after buying an additional 4,638 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of DoubleLine Multi-Sector Income ETF in the 1st quarter valued at approximately $282,000. Finally, Seascape Capital Management raised its position in shares of DoubleLine Multi-Sector Income ETF by 5.0% in the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock valued at $7,744,000 after buying an additional 7,310 shares in the last quarter.
About DoubleLine Multi-Sector Income ETF
The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.
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