DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Update

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,321 shares, a decrease of 34.5% from the December 15th total of 5,072 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 3,647 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 3,647 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are sold short.

DoubleLine Commodity Strategy ETF Trading Down 0.7%

NYSEARCA DCMT traded down $0.20 during trading on Friday, reaching $26.95. The company’s stock had a trading volume of 2,960 shares, compared to its average volume of 3,196. The business’s fifty day moving average price is $26.90 and its 200-day moving average price is $26.75. DoubleLine Commodity Strategy ETF has a twelve month low of $23.79 and a twelve month high of $27.99.

Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF

Several hedge funds have recently modified their holdings of DCMT. Foundations Investment Advisors LLC grew its position in DoubleLine Commodity Strategy ETF by 3.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 618,117 shares of the company’s stock valued at $16,705,000 after buying an additional 19,261 shares during the last quarter. Global Wealth Management Investment Advisory Inc. raised its position in DoubleLine Commodity Strategy ETF by 7.4% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 53,471 shares of the company’s stock worth $1,445,000 after buying an additional 3,685 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of DoubleLine Commodity Strategy ETF in the 2nd quarter worth $215,000. Finally, AdvisorNet Financial Inc purchased a new position in DoubleLine Commodity Strategy ETF during the second quarter worth about $91,000.

DoubleLine Commodity Strategy ETF Company Profile

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.