Short Interest in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Declines By 76.0%

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,820 shares, a decrease of 76.0% from the December 15th total of 20,105 shares. Based on an average trading volume of 20,614 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 20,614 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DCRE. Raymond James Financial Inc. bought a new stake in shares of DoubleLine Commercial Real Estate ETF in the 2nd quarter valued at about $40,000. Osaic Holdings Inc. lifted its stake in shares of DoubleLine Commercial Real Estate ETF by 9,905.6% in the second quarter. Osaic Holdings Inc. now owns 3,602 shares of the company’s stock worth $187,000 after acquiring an additional 3,566 shares during the period. Comerica Bank boosted its holdings in DoubleLine Commercial Real Estate ETF by 12.0% in the third quarter. Comerica Bank now owns 3,770 shares of the company’s stock valued at $196,000 after acquiring an additional 405 shares during the last quarter. A4 Wealth Advisors LLC bought a new stake in DoubleLine Commercial Real Estate ETF in the third quarter valued at approximately $232,000. Finally, Brucke Financial Inc. acquired a new stake in DoubleLine Commercial Real Estate ETF during the 4th quarter valued at approximately $257,000.

DoubleLine Commercial Real Estate ETF Price Performance

Shares of NYSEARCA:DCRE traded up $0.05 during mid-day trading on Thursday, reaching $52.08. 114,900 shares of the company’s stock were exchanged, compared to its average volume of 35,700. The business’s fifty day moving average price is $52.03 and its 200-day moving average price is $52.00. DoubleLine Commercial Real Estate ETF has a twelve month low of $51.32 and a twelve month high of $53.11.

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. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.