DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Down 48.9% in July

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 988 shares, a decrease of 48.9% from the June 30th total of 1,932 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,825 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DCMT. Lewis Asset Management LLC purchased a new stake in shares of DoubleLine Commodity Strategy ETF in the first quarter valued at about $477,000. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in DoubleLine Commodity Strategy ETF during the 4th quarter valued at $307,000. Foundations Investment Advisors LLC increased its position in DoubleLine Commodity Strategy ETF by 16.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock worth $18,841,000 after buying an additional 103,834 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its holdings in shares of DoubleLine Commodity Strategy ETF by 3.8% in the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock worth $1,448,000 after acquiring an additional 2,018 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of DoubleLine Commodity Strategy ETF in the second quarter worth $215,000.

DoubleLine Commodity Strategy ETF Trading Up 2.3%

Shares of NYSEARCA:DCMT traded up $0.75 during trading on Wednesday, reaching $33.56. The company had a trading volume of 1,128 shares, compared to its average volume of 5,759. The stock’s fifty day moving average price is $32.96 and its 200 day moving average price is $31.78. DoubleLine Commodity Strategy ETF has a fifty-two week low of $25.78 and a fifty-two week high of $36.41.

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.