DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,611 shares, an increase of 521.7% from the September 30th total of 420 shares. Based on an average trading volume of 41,824 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
DoubleLine Asset-Backed Securities ETF Stock Performance
NYSEARCA DABS opened at $49.77 on Tuesday. DoubleLine Asset-Backed Securities ETF has a 1-year low of $49.52 and a 1-year high of $51.52. The stock’s 50 day simple moving average is $49.95 and its 200-day simple moving average is $50.51.
Institutional Trading of DoubleLine Asset-Backed Securities ETF
Institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LP acquired a new stake in DoubleLine Asset-Backed Securities ETF in the 2nd quarter worth about $596,000. Envestnet Asset Management Inc. raised its position in DoubleLine Asset-Backed Securities ETF by 19.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,305,030 shares of the company’s stock worth $66,136,000 after acquiring an additional 213,447 shares in the last quarter. Beam Wealth Advisors Inc. lifted its stake in DoubleLine Asset-Backed Securities ETF by 20.7% during the first quarter. Beam Wealth Advisors Inc. now owns 333,511 shares of the company’s stock valued at $16,938,000 after buying an additional 57,132 shares in the last quarter. Legacy Capital Group California Inc. acquired a new position in shares of DoubleLine Asset-Backed Securities ETF in the 1st quarter valued at about $264,000. Finally, Breakwater Capital Group increased its stake in shares of DoubleLine Asset-Backed Securities ETF by 61.0% during the 2nd quarter. Breakwater Capital Group now owns 10,475 shares of the company’s stock worth $531,000 after purchasing an additional 3,969 shares during the last quarter.
DoubleLine Asset-Backed Securities ETF Company Profile
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.
Further Reading
- Five stocks we like better than DoubleLine Asset-Backed Securities ETF
- AST SpaceMobile Faces Launch Risks as SpaceX Raises the Competitive Stakes
- GXO Logistics Is Turning Warehouse Robots Into a Growth Strategy
- A Solid Margin Story Means the Sell-Off in DECK May Be Overdone
- Verizon’s Q3 Results Show Why SpaceX’s Spectrum Grab Isn’t a Major Threat
Receive News & Ratings for DoubleLine Asset-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Asset-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
