DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Update

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 19,626 shares, a growth of 143.6% from the December 31st total of 8,058 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily volume of 13,205 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 13,205 shares, the short-interest ratio is currently 1.5 days. Currently, 1.0% of the shares of the stock are short sold.

DoubleLine Asset-Backed Securities ETF Price Performance

Shares of DoubleLine Asset-Backed Securities ETF stock traded up $0.07 during trading hours on Friday, reaching $51.13. 5,419 shares of the company’s stock were exchanged, compared to its average volume of 14,831. The business has a fifty day moving average of $50.94 and a two-hundred day moving average of $50.91. DoubleLine Asset-Backed Securities ETF has a 1 year low of $49.49 and a 1 year high of $54.15.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Focus Partners Wealth purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF in the third quarter valued at approximately $172,637,000. Beam Wealth Advisors Inc. acquired a new position in DoubleLine Asset-Backed Securities ETF during the third quarter worth $12,945,000. Asset Advisors Investment Management LLC acquired a new position in DoubleLine Asset-Backed Securities ETF during the fourth quarter worth $7,803,000. Gradient Investments LLC grew its holdings in DoubleLine Asset-Backed Securities ETF by 8.7% in the 4th quarter. Gradient Investments LLC now owns 1,098,513 shares of the company’s stock valued at $55,925,000 after buying an additional 87,563 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF in the 1st quarter worth $3,191,000.

About DoubleLine Asset-Backed Securities ETF

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.