DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Sees Large Decrease in Short Interest

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 1,248 shares, a decrease of 74.1% from the December 31st total of 4,820 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 35,750 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 35,750 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC lifted its position in shares of DoubleLine Commercial Real Estate ETF by 85.3% during the 1st quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock worth $1,107,000 after buying an additional 9,824 shares during the period. Naples Global Advisors LLC increased its holdings in shares of DoubleLine Commercial Real Estate ETF by 53.7% during the second quarter. Naples Global Advisors LLC now owns 25,450 shares of the company’s stock worth $1,324,000 after buying an additional 8,895 shares in the last quarter. Belpointe Asset Management LLC raised its stake in shares of DoubleLine Commercial Real Estate ETF by 15.0% in the second quarter. Belpointe Asset Management LLC now owns 32,541 shares of the company’s stock valued at $1,693,000 after acquiring an additional 4,247 shares during the last quarter. First Financial Group Corp boosted its holdings in shares of DoubleLine Commercial Real Estate ETF by 21.5% in the 2nd quarter. First Financial Group Corp now owns 10,892 shares of the company’s stock worth $567,000 after acquiring an additional 1,930 shares in the last quarter. Finally, RFG Advisory LLC grew its position in DoubleLine Commercial Real Estate ETF by 29.6% during the 2nd quarter. RFG Advisory LLC now owns 52,569 shares of the company’s stock worth $2,735,000 after acquiring an additional 12,011 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Stock Performance

Shares of DCRE remained flat at $52.17 on Friday. The stock had a trading volume of 20,409 shares, compared to its average volume of 35,655. The stock’s 50 day moving average is $52.03 and its 200-day moving average is $52.02. DoubleLine Commercial Real Estate ETF has a 1-year low of $51.43 and a 1-year high of $53.11.

About DoubleLine Commercial Real Estate ETF

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.