DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Update

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 22,591 shares, a growth of 1,710.2% from the January 15th total of 1,248 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 35,655 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 35,655 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are short sold.

DoubleLine Commercial Real Estate ETF Trading Down 0.1%

Shares of NYSEARCA DCRE traded down $0.04 during trading on Wednesday, reaching $52.12. The company had a trading volume of 2,738 shares, compared to its average volume of 30,804. The business’s 50-day moving average is $52.02 and its 200 day moving average is $52.03. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.43 and a 12-month high of $53.11.

DoubleLine Commercial Real Estate ETF Increases Dividend

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

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in DoubleLine Commercial Real Estate ETF during the 2nd quarter valued at $40,000. Osaic Holdings Inc. increased its holdings in DoubleLine Commercial Real Estate ETF by 9,905.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,602 shares of the company’s stock worth $187,000 after buying an additional 3,566 shares in the last quarter. Comerica Bank increased its holdings in DoubleLine Commercial Real Estate ETF by 12.0% in the 3rd quarter. Comerica Bank now owns 3,770 shares of the company’s stock worth $196,000 after buying an additional 405 shares in the last quarter. A4 Wealth Advisors LLC bought a new stake in shares of DoubleLine Commercial Real Estate ETF in the third quarter worth approximately $232,000. Finally, Brucke Financial Inc. purchased a new position in shares of DoubleLine Commercial Real Estate ETF during the fourth quarter valued at approximately $257,000.

About DoubleLine Commercial Real Estate ETF

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.