DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Update

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 44,181 shares, an increase of 58.5% from the May 14th total of 27,877 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 84,848 shares, the days-to-cover ratio is presently 0.5 days.

DoubleLine Opportunistic Bond ETF Trading Up 0.3%

DBND traded up $0.12 during trading on Tuesday, hitting $45.62. 54,617 shares of the stock traded hands, compared to its average volume of 79,138. The firm has a 50-day moving average of $45.64 and a 200 day moving average of $46.10. DoubleLine Opportunistic Bond ETF has a 12-month low of $45.03 and a 12-month high of $47.05.

Institutional Investors Weigh In On DoubleLine Opportunistic Bond ETF

Several institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC purchased a new position in shares of DoubleLine Opportunistic Bond ETF during the first quarter valued at approximately $31,346,000. Mariner LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF during the fourth quarter valued at approximately $20,302,000. Journey Advisory Group LLC raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 296.5% during the first quarter. Journey Advisory Group LLC now owns 496,108 shares of the company’s stock valued at $22,727,000 after acquiring an additional 370,972 shares in the last quarter. Aptus Capital Advisors LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF during the third quarter valued at approximately $13,981,000. Finally, Raymond James Financial Inc. raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 290.0% during the second quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock valued at $18,260,000 after acquiring an additional 293,626 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Company Profile

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.