DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Shares Shorted: Short Interest Down 79.1% in September

by · The Markets Daily

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 3,809 shares, a decline of 79.1% from the September 15th total of 18,218 shares. Based on an average daily volume of 8,503 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

DoubleLine Multi-Sector Income ETF Trading Up 0.0%

NYSEARCA DMX traded up $0.02 on Friday, reaching $48.97. 5,400 shares of the company’s stock traded hands, compared to its average volume of 11,848. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $48.54 and a fifty-two week high of $50.83. The stock has a 50 day moving average price of $49.67 and a 200-day moving average price of $49.97.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Seascape Capital Management lifted its holdings in DoubleLine Multi-Sector Income ETF by 5.0% in the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock valued at $7,744,000 after purchasing an additional 7,310 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of DoubleLine Multi-Sector Income ETF during the 1st quarter worth about $282,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of DoubleLine Multi-Sector Income ETF in the 2nd quarter valued at approximately $258,000. Finally, Root Financial Partners LLC purchased a new stake in DoubleLine Multi-Sector Income ETF in the first quarter valued at approximately $38,000.

DoubleLine Multi-Sector Income ETF Company Profile

(Get Free Report)

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.

Further Reading