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

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 4,530 shares, an increase of 358.5% from the July 15th total of 988 shares. Based on an average daily trading volume, of 9,602 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are sold short.

DoubleLine Commodity Strategy ETF Price Performance

Shares of DCMT stock remained flat at $34.30 during trading hours on Wednesday. The stock had a trading volume of 2,942 shares, compared to its average volume of 5,690. DoubleLine Commodity Strategy ETF has a 52 week low of $25.78 and a 52 week high of $36.41. The firm has a 50 day moving average of $32.66 and a two-hundred day moving average of $32.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DCMT. Global Wealth Management Investment Advisory Inc. grew its stake in shares of DoubleLine Commodity Strategy ETF by 3.8% during the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock worth $1,448,000 after acquiring an additional 2,018 shares during the period. Jane Street Group LLC bought a new stake in DoubleLine Commodity Strategy ETF in the 2nd quarter valued at about $215,000. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in DoubleLine Commodity Strategy ETF during the fourth quarter valued at about $307,000. Lewis Asset Management LLC purchased a new stake in DoubleLine Commodity Strategy ETF during the first quarter valued at about $477,000. Finally, Foundations Investment Advisors LLC boosted its position in DoubleLine Commodity Strategy ETF by 16.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock worth $18,841,000 after purchasing an additional 103,834 shares during the period.

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.