Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE) Short Interest Update

Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 1,841 shares, a drop of 86.6% from the August 31st total of 13,789 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 21,025 shares, the days-to-cover ratio is presently 0.1 days.

Doubleline Fortune 500 Equal Weight ETF Price Performance

DFVE traded up $0.13 during trading on Friday, reaching $35.57. The company had a trading volume of 22,843 shares, compared to its average volume of 6,405. Doubleline Fortune 500 Equal Weight ETF has a 12 month low of $30.10 and a 12 month high of $39.71. The business’s fifty day moving average price is $36.76 and its 200 day moving average price is $35.22. The company has a market cap of $42.69 million, a P/E ratio of 15.69 and a beta of 0.78.

Institutional Investors Weigh In On Doubleline Fortune 500 Equal Weight ETF

An institutional investor recently bought a new stake in Doubleline Fortune 500 Equal Weight ETF stock. Root Financial Partners LLC acquired a new stake in Doubleline Fortune 500 Equal Weight ETF (NYSEARCA:DFVE) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 870 shares of the company’s stock, valued at approximately $28,000. Root Financial Partners LLC owned about 0.10% of Doubleline Fortune 500 Equal Weight ETF at the end of the most recent quarter.

Doubleline Fortune 500 Equal Weight ETF Company Profile

The DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an exchange-traded fund that is based on the Barclays Fortune 500 Equal Weighted index. The fund tracks an equal-weighted index of US stocks, selected based on revenue. The portfolio is constructed from the Fortune 500 list. DFVE was launched on Jan 31, 2024 and is issued by DoubleLine.