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

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

DoubleLine Multi-Sector Income ETF Trading Down 0.0%

Shares of DMX stock traded down $0.01 on Monday, hitting $50.12. The company’s stock had a trading volume of 13,551 shares, compared to its average volume of 11,788. The stock’s 50 day moving average is $50.08 and its 200-day moving average is $50.17. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.87.

Institutional Trading of DoubleLine Multi-Sector Income ETF

A number of institutional investors have recently bought and sold shares of DMX. Foundations Investment Advisors LLC raised its position in shares of DoubleLine Multi-Sector Income ETF by 52.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock valued at $12,627,000 after buying an additional 86,308 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of DoubleLine Multi-Sector Income ETF in the third quarter valued at approximately $756,000. Jane Street Group LLC grew its position in DoubleLine Multi-Sector Income ETF by 31.1% during the second quarter. Jane Street Group LLC now owns 9,480 shares of the company’s stock worth $478,000 after buying an additional 2,249 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in DoubleLine Multi-Sector Income ETF during the second quarter worth approximately $258,000. Finally, Walser Wealth Management Company A Ltd Liability Co bought a new position in DoubleLine Multi-Sector Income ETF during the 1st quarter worth $282,000.

About DoubleLine Multi-Sector Income ETF

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.