DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Down 40.0% in June

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 26,525 shares, a decrease of 40.0% from the May 31st total of 44,181 shares. Based on an average trading volume of 65,409 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On DoubleLine Opportunistic Bond ETF

A number of institutional investors have recently modified their holdings of DBND. Royal Bank of Canada grew its holdings in shares of DoubleLine Opportunistic Bond ETF by 101.3% during the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock valued at $2,058,000 after purchasing an additional 22,437 shares during the last quarter. Jane Street Group LLC lifted its stake in DoubleLine Opportunistic Bond ETF by 28.0% in the 1st quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock valued at $2,311,000 after purchasing an additional 10,959 shares during the last quarter. Raymond James Financial Inc. boosted its position in DoubleLine Opportunistic Bond ETF by 290.0% in the second quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock valued at $18,260,000 after buying an additional 293,626 shares in the last quarter. Ausdal Financial Partners Inc. boosted its position in DoubleLine Opportunistic Bond ETF by 30.2% in the second quarter. Ausdal Financial Partners Inc. now owns 121,193 shares of the company’s stock valued at $5,604,000 after buying an additional 28,081 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 11.2% during the second quarter. MML Investors Services LLC now owns 142,702 shares of the company’s stock worth $6,599,000 after buying an additional 14,323 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Up 0.1%

DBND traded up $0.04 during trading on Thursday, hitting $45.37. 63,559 shares of the stock traded hands, compared to its average volume of 79,548. DoubleLine Opportunistic Bond ETF has a twelve month low of $45.03 and a twelve month high of $47.05. The business has a 50 day moving average price of $45.55 and a 200 day moving average price of $46.02.

DoubleLine Opportunistic Bond ETF Company Profile

The DoubleLine Opportunistic Bond ETF (DBND) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, fixed income fund comprised of securities from corporate and government issuers, with various credit ratings, and a dollar-weighted average effective portfolio duration of two to eight years. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.