DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Short Interest Down 48.6% in July

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 11,116 shares, a decrease of 48.6% from the June 30th total of 21,617 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 11,797 shares, the days-to-cover ratio is presently 0.9 days.

DoubleLine Multi-Sector Income ETF Stock Performance

DMX opened at $50.04 on Friday. The firm’s fifty day moving average is $50.12 and its 200 day moving average is $50.26. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.87.

Institutional Trading of DoubleLine Multi-Sector Income ETF

Several institutional investors have recently made changes to their positions in the business. Foundations Investment Advisors LLC lifted its holdings in DoubleLine Multi-Sector Income ETF by 52.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock worth $12,627,000 after purchasing an additional 86,308 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of DoubleLine Multi-Sector Income ETF during the third quarter valued at approximately $756,000. Seascape Capital Management raised its position 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 valued at $7,443,000 after buying an additional 26,216 shares during the last quarter. Hippocratic Financial Advisors LLC lifted its holdings in shares of DoubleLine Multi-Sector Income ETF by 13.2% in the fourth quarter. Hippocratic Financial Advisors LLC now owns 539,903 shares of the company’s stock worth $27,276,000 after buying an additional 62,856 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of DoubleLine Multi-Sector Income ETF by 31.1% in the second quarter. Jane Street Group LLC now owns 9,480 shares of the company’s stock worth $478,000 after buying an additional 2,249 shares in the last quarter.

About DoubleLine Multi-Sector Income ETF

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.