DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Sees Large Increase in Short Interest

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 6,403 shares, a growth of 65.8% from the July 30th total of 3,863 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 11,293 shares, the short-interest ratio is presently 0.6 days.

DoubleLine Asset-Backed Securities ETF Trading Up 0.1%

Shares of DoubleLine Asset-Backed Securities ETF stock traded up $0.04 during trading hours on Monday, reaching $50.40. The company’s stock had a trading volume of 150,960 shares, compared to its average volume of 15,883. The company’s 50 day simple moving average is $50.44 and its 200 day simple moving average is $50.64. DoubleLine Asset-Backed Securities ETF has a one year low of $50.15 and a one year high of $51.52.

Institutional Investors Weigh In On DoubleLine Asset-Backed Securities ETF

Several institutional investors and hedge funds have recently bought and sold shares of DABS. Jane Street Group LLC bought a new position in DoubleLine Asset-Backed Securities ETF in the first quarter worth about $3,191,000. Flow Traders U.S. LLC acquired a new position in DoubleLine Asset-Backed Securities ETF in the third quarter valued at approximately $1,853,000. Beam Wealth Advisors Inc. grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 9.0% during the fourth quarter. Beam Wealth Advisors Inc. now owns 276,379 shares of the company’s stock valued at $14,070,000 after purchasing an additional 22,905 shares during the last quarter. Naples Global Advisors LLC grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 29.8% during the fourth quarter. Naples Global Advisors LLC now owns 10,350 shares of the company’s stock valued at $527,000 after purchasing an additional 2,375 shares during the last quarter. Finally, Csenge Advisory Group bought a new position in shares of DoubleLine Asset-Backed Securities ETF during the fourth quarter valued at approximately $361,000.

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.