DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Down 40.7% in December

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 46,691 shares, a drop of 40.7% from the December 15th total of 78,683 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 44,991 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 44,991 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are sold short.

DoubleLine Opportunistic Bond ETF Trading Down 0.1%

Shares of DBND traded down $0.03 during trading hours on Thursday, hitting $46.52. 4,966 shares of the stock traded hands, compared to its average volume of 38,066. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.92 and a 1-year high of $47.05. The business has a fifty day moving average of $46.45 and a 200-day moving average of $46.34.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Centurion Wealth Management LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 9.4% during the fourth quarter. Centurion Wealth Management LLC now owns 28,422 shares of the company’s stock worth $1,318,000 after buying an additional 2,450 shares during the last quarter. Stonehearth Capital Management LLC grew its holdings in DoubleLine Opportunistic Bond ETF by 9.6% during the 4th quarter. Stonehearth Capital Management LLC now owns 8,042 shares of the company’s stock worth $373,000 after acquiring an additional 702 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of DoubleLine Opportunistic Bond ETF by 6.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 11,115 shares of the company’s stock valued at $517,000 after acquiring an additional 712 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of DoubleLine Opportunistic Bond ETF in the 3rd quarter valued at $2,968,000. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 12.4% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 136,274 shares of the company’s stock valued at $6,341,000 after purchasing an additional 15,081 shares during the period.

About DoubleLine Opportunistic Bond ETF

The DoubleLine Opportunistic Bond ETF (DBND) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, fixed income fund comprised of securities from corporate and government issuers, with various credit ratings, and a dollar-weighted average effective portfolio duration of two to eight years. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.