DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Up 154.1% in February

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 16,958 shares, an increase of 154.1% from the January 29th total of 6,674 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 26,594 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 26,594 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On DoubleLine Asset-Backed Securities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DABS. Harbour Investments Inc. purchased a new position in DoubleLine Asset-Backed Securities ETF in the 4th quarter valued at approximately $51,000. Basso Capital Management L.P. lifted its stake in shares of DoubleLine Asset-Backed Securities ETF by 133.3% during the third quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock valued at $179,000 after buying an additional 2,000 shares during the period. Naples Global Advisors LLC boosted its stake in DoubleLine Asset-Backed Securities ETF by 29.8% in the 4th quarter. Naples Global Advisors LLC now owns 10,350 shares of the company’s stock worth $527,000 after buying an additional 2,375 shares during the last quarter. Paladin Wealth LLC grew its stake in shares of DoubleLine Asset-Backed Securities ETF by 7.0% during the 3rd quarter. Paladin Wealth LLC now owns 36,570 shares of the company’s stock valued at $1,868,000 after buying an additional 2,393 shares during the period. Finally, Mattson Financial Services LLC increased its position in DoubleLine Asset-Backed Securities ETF by 3.5% during the 3rd quarter. Mattson Financial Services LLC now owns 74,454 shares of the company’s stock worth $3,802,000 after purchasing an additional 2,487 shares in the last quarter.

DoubleLine Asset-Backed Securities ETF Stock Up 0.2%

Shares of DoubleLine Asset-Backed Securities ETF stock traded up $0.12 during trading on Friday, reaching $51.42. The company’s stock had a trading volume of 9,892 shares, compared to its average volume of 16,849. The business has a 50 day moving average price of $51.01 and a 200-day moving average price of $50.99. DoubleLine Asset-Backed Securities ETF has a 12-month low of $49.49 and a 12-month high of $54.15.

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.