DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Update

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 2,277 shares, a decrease of 31.4% from the December 31st total of 3,321 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 3,263 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 3,263 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

DoubleLine Commodity Strategy ETF Stock Down 1.6%

Shares of DoubleLine Commodity Strategy ETF stock traded down $0.46 during trading on Friday, reaching $28.34. The company’s stock had a trading volume of 7,518 shares, compared to its average volume of 4,676. The business has a 50 day moving average price of $27.02 and a 200-day moving average price of $26.87. DoubleLine Commodity Strategy ETF has a 12-month low of $23.79 and a 12-month high of $28.97.

Institutional Trading of DoubleLine Commodity Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Foundations Investment Advisors LLC grew its position in DoubleLine Commodity Strategy ETF by 3.2% during the third quarter. Foundations Investment Advisors LLC now owns 618,117 shares of the company’s stock worth $16,705,000 after buying an additional 19,261 shares during the period. Jane Street Group LLC purchased a new position in DoubleLine Commodity Strategy ETF in the 2nd quarter valued at approximately $215,000. Finally, Global Wealth Management Investment Advisory Inc. raised its holdings in DoubleLine Commodity Strategy ETF by 8.0% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock worth $1,283,000 after purchasing an additional 3,688 shares during the last quarter.

About DoubleLine Commodity Strategy ETF

The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle. DCMT was launched on Jan 31, 2024 and is issued by DoubleLine.