Short Interest in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Grows By 389.9%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 4,056 shares, a growth of 389.9% from the February 26th total of 828 shares. Based on an average daily volume of 4,501 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 4,501 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of DoubleLine Commodity Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in DoubleLine Commodity Strategy ETF in the 2nd quarter valued at $215,000. Global Wealth Management Investment Advisory Inc. lifted its stake in shares of 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 purchasing an additional 3,685 shares during the period. Foundations Investment Advisors LLC boosted its holdings in shares of DoubleLine Commodity Strategy ETF by 3.2% during the third quarter. Foundations Investment Advisors LLC now owns 618,117 shares of the company’s stock worth $16,705,000 after purchasing an additional 19,261 shares during the last quarter. Finally, Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of DoubleLine Commodity Strategy ETF during the fourth quarter worth $307,000.

DoubleLine Commodity Strategy ETF Stock Performance

Shares of NYSEARCA DCMT traded up $0.65 during midday trading on Tuesday, reaching $32.55. 7,013 shares of the stock were exchanged, compared to its average volume of 5,238. The stock has a 50 day moving average price of $29.19 and a 200-day moving average price of $27.74. DoubleLine Commodity Strategy ETF has a 52-week low of $23.79 and a 52-week high of $33.56.

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.