DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Down 57.1% in July

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,863 shares, a decrease of 57.1% from the July 15th total of 9,000 shares. Based on an average daily volume of 9,671 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On DoubleLine Asset-Backed Securities ETF

A number of large investors have recently bought and sold shares of DABS. Root Financial Partners LLC purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF during the first quarter worth about $31,000. Harbour Investments Inc. purchased a new position in shares of DoubleLine Asset-Backed Securities ETF during the fourth quarter valued at approximately $51,000. Basso Capital Management L.P. boosted its position in DoubleLine Asset-Backed Securities ETF by 57.1% during the fourth quarter. Basso Capital Management L.P. now owns 5,500 shares of the company’s stock worth $280,000 after acquiring an additional 2,000 shares during the last quarter. Naples Global Advisors LLC boosted its position in DoubleLine Asset-Backed Securities ETF by 29.8% during the fourth quarter. Naples Global Advisors LLC now owns 10,350 shares of the company’s stock worth $527,000 after acquiring an additional 2,375 shares during the last quarter. Finally, Paladin Wealth LLC raised its holdings in DoubleLine Asset-Backed Securities ETF by 6.0% in the 2nd quarter. Paladin Wealth LLC now owns 45,274 shares of the company’s stock valued at $2,294,000 after acquiring an additional 2,569 shares during the last quarter.

DoubleLine Asset-Backed Securities ETF Stock Down 0.1%

DABS traded down $0.03 during trading on Monday, reaching $50.41. 590 shares of the stock were exchanged, compared to its average volume of 15,368. DoubleLine Asset-Backed Securities ETF has a 1 year low of $50.15 and a 1 year high of $51.52. The business’s 50 day moving average price is $50.45 and its two-hundred day moving average price is $50.68.

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.