DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Short Interest Down 43.9% in August

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,499 shares, a decrease of 43.9% from the July 30th total of 8,013 shares. Based on an average trading volume of 10,282 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

DoubleLine Multi-Sector Income ETF Stock Down 0.0%

Shares of NYSEARCA:DMX traded down $0.02 during trading on Friday, hitting $50.13. The stock had a trading volume of 7,569 shares, compared to its average volume of 11,777. DoubleLine Multi-Sector Income ETF has a 12 month low of $49.75 and a 12 month high of $50.87. The firm’s fifty day moving average is $50.08 and its 200 day moving average is $50.18.

Institutional Investors Weigh In On DoubleLine Multi-Sector Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID bought a new position in DoubleLine Multi-Sector Income ETF in the second quarter worth $258,000. Walser Wealth Management Company A Ltd Liability Co bought a new stake in shares of DoubleLine Multi-Sector Income ETF during the 1st quarter valued at $282,000. Seascape Capital Management grew its position in shares of DoubleLine Multi-Sector Income ETF by 5.0% in the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock worth $7,744,000 after buying an additional 7,310 shares during the period. Root Financial Partners LLC purchased a new stake in shares of DoubleLine Multi-Sector Income ETF in the 1st quarter worth about $38,000. Finally, Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Multi-Sector Income ETF by 52.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock worth $12,627,000 after acquiring an additional 86,308 shares in the last quarter.

DoubleLine Multi-Sector Income ETF Company Profile

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.