Short Interest in DoubleLine Mortgage ETF (NYSEARCA:DMBS) Decreases By 75.5%

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 9,494 shares, a decrease of 75.5% from the July 30th total of 38,692 shares. Based on an average daily trading volume, of 65,712 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On DoubleLine Mortgage ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. TPG Financial Advisors LLC grew its position in shares of DoubleLine Mortgage ETF by 28.6% in the fourth quarter. TPG Financial Advisors LLC now owns 300,320 shares of the company’s stock valued at $14,912,000 after purchasing an additional 66,817 shares during the period. Welch Financial Planning LLC purchased a new stake in shares of DoubleLine Mortgage ETF during the fourth quarter worth about $551,000. Ritholtz Wealth Management acquired a new position in shares of DoubleLine Mortgage ETF during the 1st quarter worth about $2,116,000. Tortoise Investment Management LLC raised its position in shares of DoubleLine Mortgage ETF by 10.4% during the 4th quarter. Tortoise Investment Management LLC now owns 445,735 shares of the company’s stock worth $22,133,000 after purchasing an additional 42,095 shares during the last quarter. Finally, Mattson Financial Services LLC raised its position in shares of DoubleLine Mortgage ETF by 14.6% during the 4th quarter. Mattson Financial Services LLC now owns 298,276 shares of the company’s stock worth $14,811,000 after purchasing an additional 37,940 shares during the last quarter.

DoubleLine Mortgage ETF Stock Down 0.1%

DMBS traded down $0.06 on Thursday, reaching $48.36. The stock had a trading volume of 218,073 shares, compared to its average volume of 78,416. The business’s 50-day moving average price is $48.57 and its two-hundred day moving average price is $49.11. DoubleLine Mortgage ETF has a 12-month low of $48.07 and a 12-month high of $50.54.

DoubleLine Mortgage ETF Company Profile

The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.