DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Sees Significant Drop in Short Interest

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,300 shares, a decrease of 59.8% from the September 15th total of 13,200 shares. Based on an average trading volume of 28,800 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 28,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On DoubleLine Commercial Real Estate ETF

A number of institutional investors have recently modified their holdings of DCRE. Raymond James Financial Inc. purchased a new stake in shares of DoubleLine Commercial Real Estate ETF in the second quarter worth $40,000. Larson Financial Group LLC lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 768.7% during the first quarter. Larson Financial Group LLC now owns 1,303 shares of the company’s stock valued at $68,000 after purchasing an additional 1,153 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 9,905.6% during the second quarter. Osaic Holdings Inc. now owns 3,602 shares of the company’s stock valued at $187,000 after purchasing an additional 3,566 shares in the last quarter. SCS Capital Management LLC bought a new position in shares of DoubleLine Commercial Real Estate ETF during the first quarter valued at $270,000. Finally, Mattson Financial Services LLC lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 7.4% during the third quarter. Mattson Financial Services LLC now owns 5,403 shares of the company’s stock valued at $281,000 after purchasing an additional 374 shares in the last quarter.

DoubleLine Commercial Real Estate ETF Price Performance

NYSEARCA DCRE opened at $52.09 on Friday. DoubleLine Commercial Real Estate ETF has a 12 month low of $51.10 and a 12 month high of $53.11. The stock’s fifty day moving average price is $52.03 and its 200-day moving average price is $51.86.

DoubleLine Commercial Real Estate ETF Company Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation.