Short Interest in DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Declines By 16.3%

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 11,304 shares, a decrease of 16.3% from the November 30th total of 13,504 shares. Based on an average daily trading volume, of 14,761 shares, the short-interest ratio is currently 0.8 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 14,761 shares, the short-interest ratio is currently 0.8 days.

DoubleLine Asset-Backed Securities ETF Trading Up 0.1%

Shares of NYSEARCA:DABS opened at $50.93 on Wednesday. DoubleLine Asset-Backed Securities ETF has a 12 month low of $49.49 and a 12 month high of $54.15. The company’s fifty day moving average price is $50.98 and its 200 day moving average price is $50.84.

Institutional Trading of DoubleLine Asset-Backed Securities ETF

Large investors have recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new position in DoubleLine Asset-Backed Securities ETF during the third quarter worth approximately $1,853,000. Focus Partners Wealth acquired a new position in shares of DoubleLine Asset-Backed Securities ETF in the 3rd quarter valued at $172,637,000. Basso Capital Management L.P. raised its position in DoubleLine Asset-Backed Securities ETF by 133.3% in the 3rd quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock valued at $179,000 after purchasing an additional 2,000 shares during the last quarter. Beam Wealth Advisors Inc. acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth $12,945,000. Finally, A4 Wealth Advisors LLC purchased a new position in DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth $390,000.

DoubleLine Asset-Backed Securities ETF Company Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.