DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Sees Large Increase in Short Interest

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

DoubleLine Commercial Real Estate ETF Trading Up 0.1%

Shares of NYSEARCA:DCRE traded up $0.06 on Tuesday, hitting $52.15. 19,209 shares of the company’s stock were exchanged, compared to its average volume of 31,904. DoubleLine Commercial Real Estate ETF has a 1-year low of $51.43 and a 1-year high of $53.11. The firm’s 50-day moving average is $52.02 and its 200 day moving average is $52.03.

DoubleLine Commercial Real Estate ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in shares of DoubleLine Commercial Real Estate ETF during the second quarter worth about $40,000. Osaic Holdings Inc. boosted its position in shares of 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 valued at $187,000 after purchasing an additional 3,566 shares during the period. Comerica Bank grew its stake in DoubleLine Commercial Real Estate ETF by 12.0% during the 3rd quarter. Comerica Bank now owns 3,770 shares of the company’s stock worth $196,000 after buying an additional 405 shares during the last quarter. A4 Wealth Advisors LLC acquired a new position in DoubleLine Commercial Real Estate ETF during the third quarter worth approximately $232,000. Finally, Brucke Financial Inc. purchased a new stake in DoubleLine Commercial Real Estate ETF in the fourth quarter valued at approximately $257,000.

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.