DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Sees Significant Decline in Short Interest

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,557 shares, a decline of 44.4% from the August 15th total of 6,403 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 23,187 shares, the days-to-cover ratio is currently 0.2 days.

DoubleLine Asset-Backed Securities ETF Price Performance

NYSEARCA:DABS remained flat at $49.92 during trading hours on Tuesday. The company’s stock had a trading volume of 4,440 shares, compared to its average volume of 15,465. DoubleLine Asset-Backed Securities ETF has a twelve month low of $49.90 and a twelve month high of $51.52. The stock has a 50-day moving average of $50.35 and a 200 day moving average of $50.55.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in shares of DoubleLine Asset-Backed Securities ETF in the first quarter valued at approximately $31,000. Harbour Investments Inc. bought a new stake in DoubleLine Asset-Backed Securities ETF during the fourth quarter valued at approximately $51,000. Integrated Wealth Concepts LLC purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF during the 2nd quarter valued at $80,000. Basso Capital Management L.P. grew its position in DoubleLine Asset-Backed Securities ETF by 57.1% in 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 in the last quarter. Finally, Paladin Wealth LLC increased its position in shares of DoubleLine Asset-Backed Securities ETF by 6.0% during the 2nd quarter. Paladin Wealth LLC now owns 45,274 shares of the company’s stock valued at $2,294,000 after purchasing an additional 2,569 shares during the last quarter.

DoubleLine Asset-Backed Securities ETF Company Profile

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.