DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Down 44.4% in February

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 12,558 shares, a decline of 44.4% from the January 29th total of 22,591 shares. Based on an average trading volume of 20,498 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 20,498 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Foundations Investment Advisors LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 63.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 521,381 shares of the company’s stock worth $27,060,000 after buying an additional 203,133 shares during the last quarter. Tortoise Investment Management LLC lifted its holdings in DoubleLine Commercial Real Estate ETF by 1,912.7% in the second quarter. Tortoise Investment Management LLC now owns 208,916 shares of the company’s stock valued at $10,870,000 after acquiring an additional 198,536 shares during the period. Thrivent Financial for Lutherans acquired a new position in DoubleLine Commercial Real Estate ETF in the second quarter valued at approximately $6,705,000. SBE LLC DBA Cedar Cove Wealth Partners purchased a new stake in DoubleLine Commercial Real Estate ETF in the 4th quarter worth approximately $4,506,000. Finally, Virtu Financial LLC acquired a new stake in shares of DoubleLine Commercial Real Estate ETF during the 3rd quarter worth approximately $3,353,000.

DoubleLine Commercial Real Estate ETF Stock Up 0.1%

Shares of DCRE stock traded up $0.05 during trading hours on Friday, hitting $52.38. The company’s stock had a trading volume of 198,442 shares, compared to its average volume of 32,388. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.43 and a 12-month high of $53.11. The company has a 50 day moving average of $52.07 and a 200 day moving average of $52.06.

DoubleLine Commercial Real Estate ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a $0.2104 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from DoubleLine Commercial Real Estate ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.8%.

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.