Short Interest in DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Declines By 35.2%

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABSGet Free Report) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 9,622 shares, a decrease of 35.2% from the May 31st total of 14,849 shares. Based on an average trading volume of 15,282 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are sold short.

DoubleLine Asset-Backed Securities ETF Price Performance

Shares of NYSEARCA DABS opened at $50.43 on Friday. DoubleLine Asset-Backed Securities ETF has a fifty-two week low of $50.26 and a fifty-two week high of $51.52. The firm’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.79.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Gradient Investments LLC raised its position in DoubleLine Asset-Backed Securities ETF by 8.7% in the 4th quarter. Gradient Investments LLC now owns 1,098,513 shares of the company’s stock valued at $55,925,000 after buying an additional 87,563 shares during the last quarter. Focus Partners Wealth bought a new position in DoubleLine Asset-Backed Securities ETF during the 3rd quarter valued at $172,637,000. Beam Wealth Advisors Inc. boosted its holdings in DoubleLine Asset-Backed Securities ETF by 9.0% during the 4th quarter. Beam Wealth Advisors Inc. now owns 276,379 shares of the company’s stock worth $14,070,000 after acquiring an additional 22,905 shares during the last quarter. Asset Advisors Investment Management LLC purchased a new position in DoubleLine Asset-Backed Securities ETF during the 4th quarter worth $7,803,000. Finally, Mattson Financial Services LLC grew its stake in shares of DoubleLine Asset-Backed Securities ETF by 14.1% in the 4th quarter. Mattson Financial Services LLC now owns 84,976 shares of the company’s stock worth $4,326,000 after acquiring an additional 10,522 shares in the last quarter.

DoubleLine Asset-Backed Securities ETF Company Profile

(Get Free Report)

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.

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