DoubleLine Mortgage ETF (NYSEARCA:DMBS – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 11,708 shares, a decrease of 81.1% from the April 30th total of 61,813 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 65,722 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Trading of DoubleLine Mortgage ETF
Several institutional investors have recently modified their holdings of DMBS. Root Financial Partners LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter worth approximately $48,000. Royal Bank of Canada acquired a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter worth approximately $51,000. Sound Income Strategies LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter worth approximately $101,000. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter worth approximately $203,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 2nd quarter worth approximately $205,000.
DoubleLine Mortgage ETF Price Performance
NYSEARCA:DMBS traded up $0.06 during trading hours on Friday, hitting $49.18. 62,388 shares of the company traded hands, compared to its average volume of 86,161. DoubleLine Mortgage ETF has a twelve month low of $47.96 and a twelve month high of $50.54. The firm has a 50-day moving average of $49.19 and a 200 day moving average of $49.61.
About DoubleLine Mortgage ETF
The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.
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