DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Up 727.6% in February

DoubleLine Mortgage ETF (NYSEARCA:DMBS) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 183,821 shares, an increase of 727.6% from the January 29th total of 22,212 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily volume of 175,427 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 175,427 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the company’s shares are sold short.

Institutional Trading of DoubleLine Mortgage ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DMBS. Allworth Financial LP bought a new position in shares of DoubleLine Mortgage ETF in the second quarter worth approximately $36,000. Flow Traders U.S. LLC purchased a new stake in DoubleLine Mortgage ETF during the 2nd quarter valued at $205,000. Susquehanna International Group LLP bought a new stake in DoubleLine Mortgage ETF in the 3rd quarter worth $211,000. Huntington National Bank purchased a new position in shares of DoubleLine Mortgage ETF in the fourth quarter valued at about $218,000. Finally, Guardian Wealth Advisors LLC NC increased its position in shares of DoubleLine Mortgage ETF by 6.8% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 4,818 shares of the company’s stock valued at $239,000 after acquiring an additional 306 shares during the period.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA DMBS traded up $0.13 during trading on Friday, hitting $50.51. 29,888 shares of the company’s stock traded hands, compared to its average volume of 99,820. The stock has a fifty day moving average of $49.88 and a two-hundred day moving average of $49.76. DoubleLine Mortgage ETF has a 12-month low of $46.84 and a 12-month high of $50.54.

DoubleLine Mortgage ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a dividend of $0.2077 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.9%. This is a boost from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21.

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.