DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Down 34.4% in January

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 21,123 shares, a drop of 34.4% from the December 31st total of 32,196 shares. Based on an average daily volume of 67,462 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 67,462 shares, the days-to-cover ratio is currently 0.3 days.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA:DMBS traded down $0.02 during mid-day trading on Friday, reaching $49.89. The stock had a trading volume of 422,841 shares, compared to its average volume of 85,892. DoubleLine Mortgage ETF has a 1 year low of $46.84 and a 1 year high of $50.21. The business’s 50 day moving average price is $49.78 and its 200 day moving average price is $49.60.

Institutional Investors Weigh In On DoubleLine Mortgage ETF

Large investors have recently added to or reduced their stakes in the stock. Canandaigua National Trust Co of Florida purchased a new stake in DoubleLine Mortgage ETF in the fourth quarter worth about $582,000. W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in DoubleLine Mortgage ETF by 4.5% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 186,749 shares of the company’s stock worth $9,273,000 after acquiring an additional 8,002 shares in the last quarter. UBS Group AG raised its holdings in shares of DoubleLine Mortgage ETF by 4.3% in the fourth quarter. UBS Group AG now owns 57,504 shares of the company’s stock worth $2,855,000 after buying an additional 2,371 shares during the last quarter. Mendel Money Management increased its holdings in shares of DoubleLine Mortgage ETF by 56.8% in the fourth quarter. Mendel Money Management now owns 40,657 shares of the company’s stock valued at $2,019,000 after purchasing an additional 14,724 shares during the period. Finally, Evergreen Capital Management LLC raised its position in DoubleLine Mortgage ETF by 2.8% during the 4th quarter. Evergreen Capital Management LLC now owns 678,314 shares of the company’s stock worth $33,682,000 after buying an additional 18,203 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.