Short Interest in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Declines By 73.4%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 4,665 shares, a drop of 73.4% from the January 29th total of 17,566 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 5,460 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 5,460 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Trading of DoubleLine Commodity Strategy ETF

Hedge funds have recently modified their holdings of the company. Global Wealth Management Investment Advisory Inc. increased its position in shares of DoubleLine Commodity Strategy ETF by 8.0% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock valued at $1,283,000 after purchasing an additional 3,688 shares during the period. 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 in the last quarter. Jane Street Group LLC acquired a new stake in DoubleLine Commodity Strategy ETF during the second quarter worth $215,000. Finally, Walser Wealth Management Company A Ltd Liability Co bought a new stake in DoubleLine Commodity Strategy ETF in the 4th quarter valued at $307,000.

DoubleLine Commodity Strategy ETF Trading Up 0.1%

Shares of DoubleLine Commodity Strategy ETF stock traded up $0.02 during midday trading on Thursday, hitting $28.53. The company had a trading volume of 5,332 shares, compared to its average volume of 5,190. DoubleLine Commodity Strategy ETF has a 1-year low of $23.79 and a 1-year high of $28.97. The business’s 50 day simple moving average is $27.33 and its two-hundred day simple moving average is $27.07.

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.