DoubleLine Mortgage ETF (NYSEARCA:DMBS) Shares Shorted: Short Interest Down 50.6% in September

DoubleLine Mortgage ETF (NYSEARCA:DMBS – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 9,330 shares, a drop of 50.6% from the September 15th total of 18,890 shares. Based on an average daily volume of 123,876 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

DoubleLine Mortgage ETF Price Performance

DMBS stock traded up $0.04 during trading on Wednesday, reaching $46.47. 107,627 shares of the stock were exchanged, compared to its average volume of 81,853. The business has a 50 day moving average price of $47.47 and a 200-day moving average price of $48.44. DoubleLine Mortgage ETF has a 1 year low of $45.86 and a 1 year high of $50.54.

Institutional Trading of DoubleLine Mortgage ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in DoubleLine Mortgage ETF during the first quarter worth about $48,000. Royal Bank of Canada purchased a new position in shares of DoubleLine Mortgage ETF in the first quarter valued at approximately $51,000. Compass Financial Management LLC purchased a new position in shares of DoubleLine Mortgage ETF in the second quarter valued at approximately $60,000. Sound Income Strategies LLC purchased a new position in shares of DoubleLine Mortgage ETF in the first quarter valued at approximately $101,000. Finally, Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of DoubleLine Mortgage ETF in the first quarter valued at approximately $203,000.

DoubleLine Mortgage ETF Company Profile

(Get Free Report)

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.

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