DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Update

DoubleLine Mortgage ETF (NYSEARCA:DMBS) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 61,813 shares, a growth of 354.5% from the April 15th total of 13,600 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 67,615 shares, the short-interest ratio is currently 0.9 days.

DoubleLine Mortgage ETF Trading Down 0.0%

Shares of NYSEARCA:DMBS traded down $0.01 during trading on Thursday, reaching $48.96. 62,695 shares of the company traded hands, compared to its average volume of 80,545. DoubleLine Mortgage ETF has a 1-year low of $47.74 and a 1-year high of $50.54. The firm has a fifty day simple moving average of $49.41 and a 200 day simple moving average of $49.70.

Institutional Investors Weigh In On DoubleLine Mortgage ETF

Several institutional investors and hedge funds have recently modified their holdings of DMBS. Advocacy Wealth Management LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $48,488,000. Captrust Financial Advisors acquired a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $46,036,000. Cambridge Associates LLC MA ADV acquired a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $20,302,000. Compound Planning Inc. lifted its stake in shares of DoubleLine Mortgage ETF by 1,467.1% in the 4th quarter. Compound Planning Inc. now owns 272,928 shares of the company’s stock valued at $13,552,000 after purchasing an additional 255,512 shares during the last quarter. Finally, Gradient Investments LLC lifted its stake in shares of DoubleLine Mortgage ETF by 10.2% in the 4th quarter. Gradient Investments LLC now owns 2,653,434 shares of the company’s stock valued at $131,756,000 after purchasing an additional 246,617 shares during the last quarter.

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.