DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Update

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 78,683 shares, an increase of 118.2% from the November 30th total of 36,064 shares. Based on an average daily trading volume, of 53,501 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 53,501 shares, the days-to-cover ratio is presently 1.5 days.

DoubleLine Opportunistic Bond ETF Stock Up 0.1%

DoubleLine Opportunistic Bond ETF stock traded up $0.05 during trading on Friday, hitting $46.38. The company had a trading volume of 18,351 shares, compared to its average volume of 57,285. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.83 and a 1-year high of $47.05. The company’s 50 day simple moving average is $46.51 and its 200-day simple moving average is $46.29.

Institutional Investors Weigh In On DoubleLine Opportunistic Bond ETF

Several large investors have recently bought and sold shares of DBND. CWM LLC increased its position in shares of DoubleLine Opportunistic Bond ETF by 23.7% during the third quarter. CWM LLC now owns 1,368,828 shares of the company’s stock worth $63,692,000 after purchasing an additional 262,597 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in DoubleLine Opportunistic Bond ETF by 86.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 649,397 shares of the company’s stock worth $30,216,000 after buying an additional 300,484 shares during the last quarter. Boothe Investment Group Inc. increased its position in DoubleLine Opportunistic Bond ETF by 7.3% during the third quarter. Boothe Investment Group Inc. now owns 636,766 shares of the company’s stock worth $29,629,000 after buying an additional 43,243 shares during the period. Raymond James Financial Inc. lifted its stake in DoubleLine Opportunistic Bond ETF by 57.4% in the third quarter. Raymond James Financial Inc. now owns 621,576 shares of the company’s stock valued at $28,922,000 after buying an additional 226,685 shares during the last quarter. Finally, Seascape Capital Management boosted its holdings in shares of DoubleLine Opportunistic Bond ETF by 3.1% in the third quarter. Seascape Capital Management now owns 618,301 shares of the company’s stock valued at $28,770,000 after acquiring an additional 18,534 shares during the period.

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.