DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Shares Shorted: Short Interest Down 93.3% in October

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 63,352 shares, a decrease of 93.3% from the October 15th total of 941,727 shares. Based on an average daily volume of 131,849 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

DoubleLine Opportunistic Bond ETF Trading Down 0.6%

Shares of NYSEARCA DBND traded down $0.26 during trading hours on Tuesday, hitting $43.96. The stock had a trading volume of 71,559 shares, compared to its average volume of 91,183. The firm’s 50-day moving average price is $43.96 and its two-hundred day moving average price is $45.26. DoubleLine Opportunistic Bond ETF has a 52 week low of $43.18 and a 52 week high of $47.05.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Meramec Financial Planners LLC boosted its position in shares of DoubleLine Opportunistic Bond ETF by 851.9% in the third quarter. Meramec Financial Planners LLC now owns 2,513 shares of the company’s stock valued at $111,000 after acquiring an additional 2,249 shares during the period. Landmark Wealth Management LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 4.7% in the third quarter. Landmark Wealth Management LLC now owns 195,414 shares of the company’s stock valued at $8,497,000 after buying an additional 8,833 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co grew its position in DoubleLine Opportunistic Bond ETF by 6.4% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 655,523 shares of the company’s stock worth $28,502,000 after buying an additional 39,405 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. grew its position in DoubleLine Opportunistic Bond ETF by 37.9% during the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 16,650 shares of the company’s stock worth $724,000 after buying an additional 4,579 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in DoubleLine Opportunistic Bond ETF by 30.1% during the third quarter. Vise Technologies Inc. now owns 79,414 shares of the company’s stock valued at $3,453,000 after acquiring an additional 18,394 shares during the period.

About DoubleLine Opportunistic Bond ETF

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.