DoubleLine Mortgage ETF (NYSEARCA:DMBS) Short Interest Update

DoubleLine Mortgage ETF (NYSEARCA:DMBS) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 61,813 shares, a growth of 354.5% from the April 15th total of 13,600 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 67,615 shares, the days-to-cover ratio is currently 0.9 days.

DoubleLine Mortgage ETF Stock Down 0.4%

NYSEARCA DMBS opened at $49.00 on Wednesday. The stock’s 50 day moving average is $49.46 and its two-hundred day moving average is $49.71. DoubleLine Mortgage ETF has a 1-year low of $47.74 and a 1-year high of $50.54.

DoubleLine Mortgage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.2122 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is a positive change from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21. The ex-dividend date was Monday, March 2nd.

Institutional Trading of DoubleLine Mortgage ETF

A number of large investors have recently bought and sold shares of DMBS. Jane Street Group LLC bought a new stake in DoubleLine Mortgage ETF in the first quarter valued at $569,000. Flow Traders U.S. LLC bought a new stake in shares of DoubleLine Mortgage ETF during the second quarter worth $205,000. MML Investors Services LLC grew its holdings in shares of DoubleLine Mortgage ETF by 18.5% during the second quarter. MML Investors Services LLC now owns 83,867 shares of the company’s stock worth $4,115,000 after purchasing an additional 13,120 shares during the last quarter. Puff Wealth Management LLC grew its holdings in shares of DoubleLine Mortgage ETF by 77.5% during the second quarter. Puff Wealth Management LLC now owns 25,792 shares of the company’s stock worth $1,266,000 after purchasing an additional 11,261 shares during the last quarter. Finally, New Republic Capital LLC grew its holdings in shares of DoubleLine Mortgage ETF by 78.9% during the third quarter. New Republic Capital LLC now owns 80,466 shares of the company’s stock worth $3,998,000 after purchasing an additional 35,493 shares during the last quarter.

About DoubleLine Mortgage ETF

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.