DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Stock Short Interest Report for October

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 63,352 shares, a drop of 93.3% from the October 15th total of 941,727 shares. Based on an average daily volume of 131,849 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of NYSEARCA:DBND traded down $0.07 during trading on Wednesday, hitting $43.88. 22,548 shares of the stock were exchanged, compared to its average volume of 90,864. The company has a fifty day moving average price of $43.94 and a two-hundred day moving average price of $45.25. DoubleLine Opportunistic Bond ETF has a 12-month low of $43.18 and a 12-month high of $47.05.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DBND. Private Advisor Group LLC acquired a new position in DoubleLine Opportunistic Bond ETF in the 3rd quarter valued at about $359,000. Meramec Financial Planners LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 851.9% in the 3rd quarter. Meramec Financial Planners LLC now owns 2,513 shares of the company’s stock valued at $111,000 after acquiring an additional 2,249 shares during the period. Landmark Wealth Management LLC raised its position in DoubleLine Opportunistic Bond ETF by 4.7% in the third quarter. Landmark Wealth Management LLC now owns 195,414 shares of the company’s stock valued at $8,497,000 after purchasing an additional 8,833 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co lifted its position in DoubleLine Opportunistic Bond ETF by 6.4% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 655,523 shares of the company’s stock worth $28,502,000 after acquiring an additional 39,405 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 37.9% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 16,650 shares of the company’s stock valued at $724,000 after purchasing an additional 4,579 shares during the period.

About DoubleLine Opportunistic Bond ETF

The DoubleLine Opportunistic Bond ETF (DBND) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, fixed income fund comprised of securities from corporate and government issuers, with various credit ratings, and a dollar-weighted average effective portfolio duration of two to eight years. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.