DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Short Interest Update

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 18,218 shares, an increase of 164.8% from the August 31st total of 6,879 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 12,080 shares, the days-to-cover ratio is currently 1.5 days.

DoubleLine Multi-Sector Income ETF Trading Down 0.3%

Shares of DoubleLine Multi-Sector Income ETF stock traded down $0.14 during trading on Monday, hitting $49.17. 20,694 shares of the company’s stock traded hands, compared to its average volume of 11,659. DoubleLine Multi-Sector Income ETF has a 1 year low of $48.85 and a 1 year high of $50.83. The business has a 50-day simple moving average of $49.89 and a 200-day simple moving average of $50.05.

Institutional Trading of DoubleLine Multi-Sector Income ETF

Institutional investors have recently made changes to their positions in the stock. Seascape Capital Management grew its stake in shares of DoubleLine Multi-Sector Income ETF by 5.0% in the first quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock worth $7,744,000 after acquiring an additional 7,310 shares during the period. Walser Wealth Management Company A Ltd Liability Co bought a new position in DoubleLine Multi-Sector Income ETF during the first quarter valued at approximately $282,000. Legacy Wealth Managment LLC ID bought a new position in DoubleLine Multi-Sector Income ETF during the second quarter valued at approximately $258,000. Finally, Root Financial Partners LLC purchased a new stake in DoubleLine Multi-Sector Income ETF in the first quarter worth approximately $38,000.

DoubleLine Multi-Sector Income ETF Company Profile

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.