DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Sees Significant Decrease in Short Interest

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,248 shares, a decline of 74.1% from the December 31st total of 4,820 shares. Based on an average daily trading volume, of 35,750 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 35,750 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

A number of institutional investors have recently modified their holdings of DCRE. Jane Street Group LLC raised its holdings in DoubleLine Commercial Real Estate ETF by 85.3% in the 1st quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock worth $1,107,000 after acquiring an additional 9,824 shares during the period. Naples Global Advisors LLC grew its position in shares of DoubleLine Commercial Real Estate ETF by 53.7% in the second quarter. Naples Global Advisors LLC now owns 25,450 shares of the company’s stock valued at $1,324,000 after purchasing an additional 8,895 shares during the last quarter. Belpointe Asset Management LLC increased its stake in shares of DoubleLine Commercial Real Estate ETF by 15.0% in the second quarter. Belpointe Asset Management LLC now owns 32,541 shares of the company’s stock worth $1,693,000 after purchasing an additional 4,247 shares during the period. First Financial Group Corp lifted its position in shares of DoubleLine Commercial Real Estate ETF by 21.5% during the 2nd quarter. First Financial Group Corp now owns 10,892 shares of the company’s stock worth $567,000 after purchasing an additional 1,930 shares during the last quarter. Finally, RFG Advisory LLC boosted its stake in DoubleLine Commercial Real Estate ETF by 29.6% during the 2nd quarter. RFG Advisory LLC now owns 52,569 shares of the company’s stock valued at $2,735,000 after purchasing an additional 12,011 shares during the period.

DoubleLine Commercial Real Estate ETF Stock Performance

Shares of NYSEARCA DCRE remained flat at $52.17 during mid-day trading on Friday. The stock had a trading volume of 20,409 shares, compared to its average volume of 35,655. The company’s fifty day moving average is $52.03 and its two-hundred day moving average is $52.02. DoubleLine Commercial Real Estate ETF has a fifty-two week low of $51.43 and a fifty-two week high of $53.11.

DoubleLine Commercial Real Estate ETF Company Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.