DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 61,236 shares, a decrease of 53.3% from the August 15th total of 131,098 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 105,765 shares, the days-to-cover ratio is currently 0.6 days.
DoubleLine Opportunistic Bond ETF Trading Down 0.0%
Shares of DBND stock opened at $44.22 on Monday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.21 and a 12 month high of $47.05. The business’s 50 day moving average is $44.97 and its two-hundred day moving average is $45.48.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of DBND. Root Financial Partners LLC acquired a new position in DoubleLine Opportunistic Bond ETF during the 4th quarter worth $74,000. Western Wealth Management LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the first quarter valued at about $101,000. Bank of America Corp DE acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at about $125,000. First Financial Group Corp acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the first quarter valued at about $216,000. Finally, Maridea Wealth Management LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF in the second quarter worth about $269,000.
About DoubleLine Opportunistic Bond ETF
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.
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