Short Interest in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Rises By 42.4%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 5,072 shares, an increase of 42.4% from the November 30th total of 3,562 shares. Based on an average trading volume of 11,172 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 11,172 shares, the short-interest ratio is presently 0.5 days.

DoubleLine Commodity Strategy ETF Trading Down 0.7%

DCMT traded down $0.19 during trading on Monday, reaching $26.21. The company’s stock had a trading volume of 3,850 shares, compared to its average volume of 6,140. The firm has a fifty day simple moving average of $27.03 and a two-hundred day simple moving average of $26.75. DoubleLine Commodity Strategy ETF has a 1 year low of $23.79 and a 1 year high of $27.99.

Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Foundations Investment Advisors LLC boosted its stake in 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 buying an additional 19,261 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. Global Wealth Management Investment Advisory Inc. increased its stake in shares of DoubleLine Commodity Strategy ETF by 8.0% in the 2nd quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock worth $1,283,000 after acquiring an additional 3,688 shares during the last quarter. Finally, AdvisorNet Financial Inc purchased a new position in shares of DoubleLine Commodity Strategy ETF during the 2nd quarter worth $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.