DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Down 44.4% in February

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 12,558 shares, a drop of 44.4% from the January 29th total of 22,591 shares. Based on an average daily volume of 20,498 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 20,498 shares, the short-interest ratio is currently 0.6 days.

DoubleLine Commercial Real Estate ETF Price Performance

NYSEARCA DCRE traded up $0.05 on Friday, hitting $52.38. 198,442 shares of the company were exchanged, compared to its average volume of 32,388. DoubleLine Commercial Real Estate ETF has a twelve month low of $51.43 and a twelve month high of $53.11. The company’s 50 day moving average price is $52.07 and its 200-day moving average price is $52.07.

DoubleLine Commercial Real Estate ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2104 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from DoubleLine Commercial Real Estate ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.8%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DCRE. Jane Street Group LLC grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 85.3% during the 1st quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock worth $1,107,000 after purchasing an additional 9,824 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in DoubleLine Commercial Real Estate ETF by 3.8% during the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 155,187 shares of the company’s stock worth $8,075,000 after buying an additional 5,687 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its position in shares of DoubleLine Commercial Real Estate ETF by 1.9% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 97,920 shares of the company’s stock worth $5,095,000 after acquiring an additional 1,825 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 138.3% in the 2nd quarter. Foundations Investment Advisors LLC now owns 331,830 shares of the company’s stock valued at $17,266,000 after purchasing an additional 192,606 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its holdings in DoubleLine Commercial Real Estate ETF by 1,912.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 208,916 shares of the company’s stock worth $10,870,000 after acquiring an additional 198,536 shares during the period.

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.