DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) Stock Short Interest Rises 199.9%

by · The Markets Daily

DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 11,425 shares, an increase of 199.9% from the September 30th total of 3,809 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 17,258 shares, the days-to-cover ratio is presently 0.7 days.

DoubleLine Multi-Sector Income ETF Price Performance

DMX opened at $49.22 on Friday. DoubleLine Multi-Sector Income ETF has a 52-week low of $48.54 and a 52-week high of $50.78. The business’s fifty day moving average is $49.37 and its 200-day moving average is $50.02.

Institutional Trading of DoubleLine Multi-Sector Income ETF

Several large investors have recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in DoubleLine Multi-Sector Income ETF during the third quarter worth $76,000. Walser Wealth Management Company A Ltd Liability Co increased its stake in shares of DoubleLine Multi-Sector Income ETF by 16.1% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 21,188 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,932 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new position in shares of DoubleLine Multi-Sector Income ETF during the 2nd quarter worth $258,000. Root Financial Partners LLC acquired a new position in shares of DoubleLine Multi-Sector Income ETF during the 1st quarter worth $38,000. Finally, Seascape Capital Management raised its holdings in shares of DoubleLine Multi-Sector Income ETF by 5.0% during the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock worth $7,744,000 after buying an additional 7,310 shares in the last quarter.

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.

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