DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,635 shares, a decrease of 60.4% from the August 15th total of 4,124 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,648 shares, the short-interest ratio is currently 0.4 days.
DoubleLine Commodity Strategy ETF Stock Performance
DCMT traded down $0.03 during midday trading on Monday, reaching $38.00. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 5,536. DoubleLine Commodity Strategy ETF has a 1-year low of $26.02 and a 1-year high of $38.54. The business’s 50-day moving average price is $34.35 and its 200 day moving average price is $33.51.
Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in DoubleLine Commodity Strategy ETF during the second quarter worth $215,000. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in shares of DoubleLine Commodity Strategy ETF in the fourth quarter valued at $307,000. Lewis Asset Management LLC purchased a new stake in shares of DoubleLine Commodity Strategy ETF in the first quarter valued at $477,000. Finally, Foundations Investment Advisors LLC boosted its stake in shares of 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 valued at $18,841,000 after acquiring an additional 103,834 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.
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