DoubleLine Mortgage ETF (NYSEARCA:DMBS) Shares Shorted: Short Interest Up 155.7% in October

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 23,859 shares, a growth of 155.7% from the September 30th total of 9,330 shares. Based on an average daily trading volume, of 102,466 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

DoubleLine Mortgage ETF Stock Up 0.3%

Shares of DMBS stock opened at $47.16 on Friday. DoubleLine Mortgage ETF has a fifty-two week low of $45.86 and a fifty-two week high of $50.54. The firm’s 50 day moving average price is $47.13 and its two-hundred day moving average price is $48.70.

Institutional Investors Weigh In On DoubleLine Mortgage ETF

Large investors have recently made changes to their positions in the business. Gradient Investments LLC purchased a new position in shares of DoubleLine Mortgage ETF in the 3rd quarter valued at $123,116,000. Park Avenue Securities LLC acquired a new position in shares of DoubleLine Mortgage ETF during the 3rd quarter valued at $16,316,000. Puff Wealth Management LLC acquired a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at $3,072,000. Advocacy Wealth Management LLC boosted its position in DoubleLine Mortgage ETF by 3.5% during the 2nd quarter. Advocacy Wealth Management LLC now owns 1,084,082 shares of the company’s stock worth $53,217,000 after purchasing an additional 36,507 shares during the period. Finally, Evergreen Capital Management LLC boosted its position in DoubleLine Mortgage ETF by 4.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 710,259 shares of the company’s stock worth $32,892,000 after purchasing an additional 31,602 shares during the period.

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.