DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Short Interest Update

DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 20,400 shares, an increase of 140.0% from the August 31st total of 8,500 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 56,400 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On DoubleLine Opportunistic Bond ETF

Hedge funds have recently bought and sold shares of the business. NWF Advisory Services Inc. purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the 2nd quarter valued at about $258,000. Osaic Holdings Inc. lifted its position in DoubleLine Opportunistic Bond ETF by 11.4% during the second quarter. Osaic Holdings Inc. now owns 7,350 shares of the company’s stock valued at $340,000 after purchasing an additional 751 shares during the period. Beacon Capital Management Inc. purchased a new stake in DoubleLine Opportunistic Bond ETF in the second quarter worth approximately $165,000. Visionary Wealth Advisors purchased a new stake in DoubleLine Opportunistic Bond ETF in the second quarter worth approximately $8,219,000. Finally, Smartleaf Asset Management LLC grew its position in DoubleLine Opportunistic Bond ETF by 8.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 26,022 shares of the company’s stock worth $1,199,000 after purchasing an additional 2,127 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

DBND stock opened at $46.49 on Friday. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.83 and a 1-year high of $46.83. The business has a fifty day moving average price of $46.32 and a 200-day moving average price of $45.92.

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.