Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE – Get Free Report) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 14,301 shares, a growth of 203.4% from the October 15th total of 4,714 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average trading volume of 5,858 shares, the days-to-cover ratio is currently 2.4 days.
Doubleline Fortune 500 Equal Weight ETF Trading Up 0.2%
Shares of Doubleline Fortune 500 Equal Weight ETF stock traded up $0.06 during trading on Friday, hitting $36.92. The stock had a trading volume of 5,697 shares, compared to its average volume of 6,496. Doubleline Fortune 500 Equal Weight ETF has a 12 month low of $30.10 and a 12 month high of $39.71. The business’s 50-day moving average is $36.10 and its 200 day moving average is $35.20. The firm has a market cap of $48.73 million, a price-to-earnings ratio of 17.81 and a beta of 0.77.
Doubleline Fortune 500 Equal Weight ETF Company Profile
The DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an exchange-traded fund that is based on the Barclays Fortune 500 Equal Weighted index. The fund tracks an equal-weighted index of US stocks, selected based on revenue. The portfolio is constructed from the Fortune 500 list. DFVE was launched on Jan 31, 2024 and is issued by DoubleLine.
Further Reading
- Five stocks we like better than Doubleline Fortune 500 Equal Weight ETF
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
- Is It Too Late to Buy the Dip? 3 Corners of the Market Still Offering Real Value
- Why Equinix and Digital Realty Benefit From Data Center Zoning Battles
- 3 GARP Plays That Could Offer a Better Balance as Markets Turn Volatile
Receive News & Ratings for Doubleline Fortune 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Doubleline Fortune 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
