DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 131,098 shares, an increase of 187.1% from the July 30th total of 45,659 shares. Based on an average daily volume of 88,405 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% of the company’s shares are sold short.
DoubleLine Opportunistic Bond ETF Stock Performance
DBND stock traded down $0.05 on Thursday, reaching $45.08. The company’s stock had a trading volume of 306,339 shares, compared to its average volume of 80,422. The business has a fifty day simple moving average of $45.17 and a two-hundred day simple moving average of $45.65. DoubleLine Opportunistic Bond ETF has a 12-month low of $44.74 and a 12-month high of $47.05.
Institutional Trading of DoubleLine Opportunistic Bond ETF
Several large investors have recently bought and sold shares of DBND. Foundations Investment Advisors LLC raised its position in shares of DoubleLine Opportunistic Bond ETF by 29.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 700,920 shares of the company’s stock worth $32,498,000 after acquiring an additional 160,205 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the 1st quarter worth about $31,346,000. Boothe Investment Group Inc. grew its position in shares of DoubleLine Opportunistic Bond ETF by 5.3% in the 1st quarter. Boothe Investment Group Inc. now owns 679,687 shares of the company’s stock worth $31,136,000 after buying an additional 34,208 shares during the period. Raymond James Financial Inc. increased its stake in shares of DoubleLine Opportunistic Bond ETF by 57.4% in the 3rd quarter. Raymond James Financial Inc. now owns 621,576 shares of the company’s stock worth $28,922,000 after acquiring an additional 226,685 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of DoubleLine Opportunistic Bond ETF by 3.8% in the 4th quarter. UBS Group AG now owns 605,984 shares of the company’s stock worth $28,096,000 after acquiring an additional 22,086 shares in the last quarter.
About DoubleLine Opportunistic Bond ETF
The DoubleLine Opportunistic Bond ETF (DBND) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, fixed income fund comprised of securities from corporate and government issuers, with various credit ratings, and a dollar-weighted average effective portfolio duration of two to eight years. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.
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