DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Sees Large Decrease in Short Interest

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 3,809 shares, a decline of 79.1% from the September 15th total of 18,218 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 8,503 shares, the short-interest ratio is currently 0.4 days.

DoubleLine Multi-Sector Income ETF Stock Up 0.0%

NYSEARCA DMX traded up $0.00 on Monday, reaching $48.97. The company had a trading volume of 3,012 shares, compared to its average volume of 11,801. DoubleLine Multi-Sector Income ETF has a 1 year low of $48.54 and a 1 year high of $50.83. The firm has a 50-day moving average of $49.67 and a 200-day moving average of $49.97.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in DoubleLine Multi-Sector Income ETF during the 1st quarter valued at $38,000. Legacy Wealth Managment LLC ID purchased a new stake in DoubleLine Multi-Sector Income ETF during the 2nd quarter worth $258,000. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in DoubleLine Multi-Sector Income ETF during the 1st quarter worth $282,000. Finally, Seascape Capital Management increased its stake in DoubleLine Multi-Sector Income ETF by 5.0% during 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.

DoubleLine Multi-Sector Income ETF Company Profile

(Get Free Report)

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.

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