DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Down 75.5% in August

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the target of a significant decrease in short interest during the month of 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 trading volume of 65,712 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Guardian Wealth Advisors LLC NC increased its stake in shares of DoubleLine Mortgage ETF by 6.8% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 4,818 shares of the company’s stock worth $239,000 after acquiring an additional 306 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in shares of DoubleLine Mortgage ETF by 1.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 34,376 shares of the company’s stock valued at $1,707,000 after acquiring an additional 432 shares during the last quarter. Milestones Private Investment Advisors LLC grew its holdings in shares of DoubleLine Mortgage ETF by 2.2% in the first quarter. Milestones Private Investment Advisors LLC now owns 32,887 shares of the company’s stock valued at $1,624,000 after purchasing an additional 718 shares during the period. Parallel Advisors LLC grew its holdings in shares of DoubleLine Mortgage ETF by 6.4% in the fourth quarter. Parallel Advisors LLC now owns 14,950 shares of the company’s stock valued at $742,000 after purchasing an additional 901 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of DoubleLine Mortgage ETF in the first quarter valued at about $48,000.

DoubleLine Mortgage ETF Stock Performance

Shares of NYSEARCA DMBS traded down $0.06 during midday trading on Thursday, hitting $48.36. The stock had a trading volume of 218,073 shares, compared to its average volume of 78,416. The stock has a 50 day simple moving average of $48.57 and a 200-day simple moving average of $49.11. DoubleLine Mortgage ETF has a 1 year low of $48.07 and a 1 year 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.