Short Interest in DoubleLine Mortgage ETF (NYSEARCA:DMBS) Declines By 57.6%

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 29,469 shares, a decline of 57.6% from the May 31st total of 69,554 shares. Based on an average daily volume of 64,201 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On DoubleLine Mortgage ETF

A number of institutional investors and hedge funds have recently modified their holdings of DMBS. Guardian Wealth Advisors LLC NC raised its stake in 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 buying an additional 306 shares during the period. Vermillion & White Wealth Management Group LLC increased its holdings in shares of DoubleLine Mortgage ETF by 1.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 34,376 shares of the company’s stock worth $1,707,000 after acquiring an additional 432 shares during the last quarter. Milestones Private Investment Advisors LLC raised its stake in DoubleLine Mortgage ETF by 2.2% in the 1st quarter. Milestones Private Investment Advisors LLC now owns 32,887 shares of the company’s stock valued at $1,624,000 after acquiring an additional 718 shares during the period. Parallel Advisors LLC raised its stake in DoubleLine Mortgage ETF by 6.4% in the 4th quarter. Parallel Advisors LLC now owns 14,950 shares of the company’s stock valued at $742,000 after acquiring an additional 901 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in DoubleLine Mortgage ETF during the 1st quarter valued at $48,000.

DoubleLine Mortgage ETF Stock Down 0.0%

DMBS stock traded down $0.02 during midday trading on Monday, hitting $49.29. The company’s stock had a trading volume of 28,300 shares, compared to its average volume of 81,447. The company’s fifty day moving average price is $49.05 and its 200 day moving average price is $49.49. DoubleLine Mortgage ETF has a twelve month low of $48.19 and a twelve month high of $50.54.

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.