Short Interest in DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Grows By 536.1%

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 38,912 shares, an increase of 536.1% from the May 14th total of 6,117 shares. Based on an average daily volume of 20,455 shares, the short-interest ratio is presently 1.9 days. Currently, 2.3% of the shares of the stock are sold short.

Institutional Trading of DoubleLine Multi-Sector Income ETF

Several institutional investors have recently bought and sold shares of DMX. Foundations Investment Advisors LLC grew its holdings in DoubleLine Multi-Sector Income ETF by 52.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock valued at $12,627,000 after purchasing an additional 86,308 shares during the period. Hippocratic Financial Advisors LLC increased its stake in shares of DoubleLine Multi-Sector Income ETF by 13.2% during the fourth quarter. Hippocratic Financial Advisors LLC now owns 539,903 shares of the company’s stock worth $27,276,000 after purchasing an additional 62,856 shares in the last quarter. Seascape Capital Management increased its stake in shares of DoubleLine Multi-Sector Income ETF by 21.6% during the fourth quarter. Seascape Capital Management now owns 147,324 shares of the company’s stock worth $7,443,000 after purchasing an additional 26,216 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of DoubleLine Multi-Sector Income ETF during the third quarter worth about $756,000. Finally, Intrepid Financial Planning Group LLC increased its stake in shares of DoubleLine Multi-Sector Income ETF by 92.2% during the third quarter. Intrepid Financial Planning Group LLC now owns 15,318 shares of the company’s stock worth $777,000 after purchasing an additional 7,348 shares in the last quarter.

DoubleLine Multi-Sector Income ETF Stock Up 0.1%

DMX traded up $0.04 during trading on Friday, hitting $50.17. The company’s stock had a trading volume of 11,475 shares, compared to its average volume of 12,194. DoubleLine Multi-Sector Income ETF has a twelve month low of $49.75 and a twelve month high of $50.87. The business’s fifty day simple moving average is $50.18 and its 200 day simple moving average is $50.37.

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.