DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 11,116 shares, a decrease of 48.6% from the June 30th total of 21,617 shares. Based on an average daily volume of 11,797 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company’s shares are sold short.
Institutional Trading of DoubleLine Multi-Sector Income ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new position in shares of DoubleLine Multi-Sector Income ETF during the 1st quarter worth about $38,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in DoubleLine Multi-Sector Income ETF during the first quarter worth approximately $282,000. Jane Street Group LLC purchased a new position in DoubleLine Multi-Sector Income ETF during the first quarter worth approximately $360,000. JPMorgan Chase & Co. purchased a new position in DoubleLine Multi-Sector Income ETF during the third quarter worth approximately $756,000. Finally, Sanctuary Advisors LLC boosted its holdings in shares of 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 purchasing an additional 4,638 shares during the last quarter.
DoubleLine Multi-Sector Income ETF Price Performance
Shares of NYSEARCA:DMX traded up $0.08 during midday trading on Thursday, reaching $50.04. The company’s stock had a trading volume of 8,281 shares, compared to its average volume of 11,670. DoubleLine Multi-Sector Income ETF has a 1 year low of $49.75 and a 1 year high of $50.87. The business has a 50 day moving average price of $50.12 and a 200 day moving average price of $50.26.
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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