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

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 608 shares, a decline of 62.8% from the August 31st total of 1,635 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 5,612 shares, the short-interest ratio is currently 0.1 days.

DoubleLine Commodity Strategy ETF Stock Down 1.2%

NYSEARCA DCMT traded down $0.47 during trading hours on Tuesday, hitting $36.96. 8,721 shares of the company’s stock traded hands, compared to its average volume of 6,025. DoubleLine Commodity Strategy ETF has a 52-week low of $26.02 and a 52-week high of $38.81. The firm’s 50-day moving average is $35.54 and its 200-day moving average is $34.14.

Institutional Inflows and Outflows

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

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.