DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Down 96.6% in February

DoubleLine Mortgage ETF (NYSEARCA:DMBS) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 6,160 shares, a drop of 96.6% from the February 12th total of 183,821 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 48,724 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 48,724 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

DoubleLine Mortgage ETF Trading Down 0.1%

Shares of NYSEARCA DMBS traded down $0.07 during mid-day trading on Thursday, reaching $49.59. The company had a trading volume of 2,222 shares, compared to its average volume of 92,638. DoubleLine Mortgage ETF has a twelve month low of $46.84 and a twelve month high of $50.54. The stock’s 50 day moving average is $49.93 and its 200-day moving average is $49.82.

DoubleLine Mortgage ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.2122 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21.

Institutional Investors Weigh In On DoubleLine Mortgage ETF

Institutional investors have recently made changes to their positions in the company. Compass Financial Group Inc. Ohio bought a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at approximately $4,733,000. Astoria Portfolio Advisors LLC. raised its position in DoubleLine Mortgage ETF by 108.9% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 318,868 shares of the company’s stock valued at $16,043,000 after acquiring an additional 166,243 shares in the last quarter. Bauman Advisory Group LLC bought a new position in DoubleLine Mortgage ETF during the fourth quarter valued at approximately $402,000. Compound Planning Inc. lifted its stake in DoubleLine Mortgage ETF by 1,467.1% in the fourth quarter. Compound Planning Inc. now owns 272,928 shares of the company’s stock valued at $13,552,000 after acquiring an additional 255,512 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in DoubleLine Mortgage ETF by 1.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 34,376 shares of the company’s stock valued at $1,707,000 after acquiring an additional 432 shares during the last quarter.

DoubleLine Mortgage ETF Company Profile

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.