DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Sees Large Increase in Short Interest

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 8,707 shares, a growth of 1,332.1% from the September 15th total of 608 shares. Based on an average daily volume of 13,953 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in DoubleLine Commodity Strategy ETF stock. Lewis Asset Management LLC bought a new position in shares of DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 14,316 shares of the company’s stock, valued at approximately $477,000. Lewis Asset Management LLC owned approximately 1.33% of DoubleLine Commodity Strategy ETF as of its most recent filing with the SEC.

DoubleLine Commodity Strategy ETF Stock Performance

Shares of DCMT stock traded up $0.02 during trading hours on Friday, reaching $38.06. 1,746 shares of the company’s stock were exchanged, compared to its average volume of 6,071. The company’s 50 day moving average is $36.28 and its two-hundred day moving average is $34.43. DoubleLine Commodity Strategy ETF has a 1 year low of $26.02 and a 1 year high of $38.81.

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.