DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Update

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 58,793 shares, an increase of 368.2% from the February 12th total of 12,558 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 38,447 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 38,447 shares, the short-interest ratio is currently 1.5 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of DoubleLine Commercial Real Estate ETF in the 2nd quarter worth $40,000. Osaic Holdings Inc. increased its stake 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 buying an additional 3,566 shares during the period. Comerica Bank raised its holdings in shares of 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 in the last quarter. A4 Wealth Advisors LLC bought a new stake in shares of DoubleLine Commercial Real Estate ETF in the third quarter valued at about $232,000. Finally, Brucke Financial Inc. purchased a new stake in DoubleLine Commercial Real Estate ETF in the fourth quarter worth about $257,000.

DoubleLine Commercial Real Estate ETF Price Performance

DCRE stock traded down $0.02 during mid-day trading on Tuesday, reaching $52.06. The company had a trading volume of 20,856 shares, compared to its average volume of 32,186. The firm has a 50 day moving average of $52.10 and a 200 day moving average of $52.07. DoubleLine Commercial Real Estate ETF has a 12 month low of $51.43 and a 12 month high of $53.11.

DoubleLine Commercial Real Estate ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.1944 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.