DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Update

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 26,525 shares, a decline of 40.0% from the May 31st total of 44,181 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 65,409 shares, the days-to-cover ratio is presently 0.4 days.

DoubleLine Opportunistic Bond ETF Stock Down 0.6%

NYSEARCA DBND traded down $0.26 during trading hours on Wednesday, reaching $45.33. 55,621 shares of the company’s stock were exchanged, compared to its average volume of 79,677. The firm has a fifty day moving average of $45.55 and a 200-day moving average of $46.02. DoubleLine Opportunistic Bond ETF has a one year low of $45.03 and a one year high of $47.05.

Institutional Trading of DoubleLine Opportunistic Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DBND. Ausdal Financial Partners Inc. grew its holdings in DoubleLine Opportunistic Bond ETF by 12.4% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 136,274 shares of the company’s stock worth $6,341,000 after acquiring an additional 15,081 shares during the last quarter. CWM LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 18.5% in the fourth quarter. CWM LLC now owns 1,622,210 shares of the company’s stock worth $75,213,000 after acquiring an additional 253,382 shares during the last quarter. Seascape Capital Management raised its stake in shares of DoubleLine Opportunistic Bond ETF by 4.5% in the fourth quarter. Seascape Capital Management now owns 645,968 shares of the company’s stock worth $29,950,000 after acquiring an additional 27,667 shares during the last quarter. Benchmark Financial Wealth Advisors LLC lifted its position in shares of DoubleLine Opportunistic Bond ETF by 18.7% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 492,384 shares of the company’s stock worth $22,829,000 after purchasing an additional 77,567 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its position in shares of DoubleLine Opportunistic Bond ETF by 26.0% during the fourth quarter. Aprio Wealth Management LLC now owns 221,618 shares of the company’s stock worth $10,275,000 after purchasing an additional 45,728 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Company Profile

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.