Short Interest in DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Expands By 170.6%

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,726 shares, a growth of 170.6% from the April 15th total of 2,116 shares. Based on an average trading volume of 6,444 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

DoubleLine Asset-Backed Securities ETF Stock Performance

DoubleLine Asset-Backed Securities ETF stock traded down $0.19 during mid-day trading on Friday, hitting $50.37. 16,308 shares of the company were exchanged, compared to its average volume of 16,447. The business has a fifty day moving average of $50.72 and a 200 day moving average of $50.91. DoubleLine Asset-Backed Securities ETF has a 1-year low of $49.79 and a 1-year high of $54.15.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new position in DoubleLine Asset-Backed Securities ETF during the first quarter worth $31,000. Harbour Investments Inc. bought a new stake in shares of DoubleLine Asset-Backed Securities ETF during the fourth quarter worth $51,000. Basso Capital Management L.P. grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 133.3% during the third quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock worth $179,000 after purchasing an additional 2,000 shares during the last quarter. Naples Global Advisors LLC grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 29.8% during the fourth quarter. Naples Global Advisors LLC now owns 10,350 shares of the company’s stock worth $527,000 after purchasing an additional 2,375 shares during the last quarter. Finally, Paladin Wealth LLC grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 7.2% during the fourth quarter. Paladin Wealth LLC now owns 39,195 shares of the company’s stock worth $1,995,000 after purchasing an additional 2,625 shares during the last quarter.

DoubleLine Asset-Backed Securities ETF Company Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.