DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Short Interest Update
by Scott Moore · The Cerbat GemDoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Get Free Report) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 19,626 shares, an increase of 143.6% from the December 31st total of 8,058 shares. Based on an average daily volume of 13,205 shares, the short-interest ratio is presently 1.5 days. Currently, 1.0% of the shares of the stock are sold short. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 13,205 shares, the short-interest ratio is presently 1.5 days.
DoubleLine Asset-Backed Securities ETF Trading Up 0.1%
Shares of DABS stock traded up $0.07 during trading hours on Friday, hitting $51.13. 5,419 shares of the company’s stock were exchanged, compared to its average volume of 14,831. DoubleLine Asset-Backed Securities ETF has a fifty-two week low of $49.49 and a fifty-two week high of $54.15. The firm has a 50 day moving average of $50.94 and a two-hundred day moving average of $50.91.
Institutional Trading of DoubleLine Asset-Backed Securities ETF
Several institutional investors have recently modified their holdings of the stock. Basso Capital Management L.P. increased its stake in shares of DoubleLine Asset-Backed Securities ETF by 133.3% during the third quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock worth $179,000 after purchasing an additional 2,000 shares in the last quarter. A4 Wealth Advisors LLC purchased a new stake in DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth approximately $390,000. Naples Global Advisors LLC purchased a new stake in DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth approximately $407,000. Flow Traders U.S. LLC acquired a new position in shares of DoubleLine Asset-Backed Securities ETF during the third quarter valued at approximately $1,853,000. Finally, Paladin Wealth LLC raised its holdings in shares of DoubleLine Asset-Backed Securities ETF by 7.0% during the third quarter. Paladin Wealth LLC now owns 36,570 shares of the company’s stock valued at $1,868,000 after acquiring an additional 2,393 shares during the last quarter.
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.