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

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

Hedge Funds Weigh In On DoubleLine Commodity Strategy ETF

Institutional investors have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc acquired a new position in shares of DoubleLine Commodity Strategy ETF during the second quarter worth $91,000. Global Wealth Management Investment Advisory Inc. increased its stake in shares of DoubleLine Commodity Strategy ETF by 8.0% in the second quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock worth $1,283,000 after purchasing an additional 3,688 shares in the last quarter. Jane Street Group LLC bought a new position in shares of DoubleLine Commodity Strategy ETF in the second quarter valued at approximately $215,000. Finally, Foundations Investment Advisors LLC lifted its position 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 valued at $16,705,000 after purchasing an additional 19,261 shares during the last quarter.

DoubleLine Commodity Strategy ETF Price Performance

NYSEARCA DCMT traded down $0.19 on Friday, hitting $26.96. 3,882 shares of the company were exchanged, compared to its average volume of 3,280. DoubleLine Commodity Strategy ETF has a twelve month low of $23.79 and a twelve month high of $27.99. The company’s 50 day moving average price is $26.90 and its 200-day moving average price is $26.76.

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.