DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Down 40.5% in June

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 16,343 shares, a decrease of 40.5% from the June 15th total of 27,454 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 84,133 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of DoubleLine Commercial Real Estate ETF in the second quarter valued at approximately $40,000. PNC Financial Services Group Inc. bought a new position in DoubleLine Commercial Real Estate ETF in the 1st quarter worth approximately $47,000. Cornerstone Planning Group LLC acquired a new position in DoubleLine Commercial Real Estate ETF during the 1st quarter worth $50,000. Fifth Third Bancorp acquired a new position in DoubleLine Commercial Real Estate ETF during the 1st quarter worth $123,000. Finally, Root Financial Partners LLC bought a new position in DoubleLine Commercial Real Estate ETF in the 1st quarter valued at $167,000.

DoubleLine Commercial Real Estate ETF Price Performance

Shares of NYSEARCA:DCRE opened at $51.67 on Friday. DoubleLine Commercial Real Estate ETF has a 12 month low of $51.49 and a 12 month high of $52.56. The company’s 50-day moving average price is $51.70 and its two-hundred day moving average price is $51.90.

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.