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

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a significant growth in short interest during 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. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 13,953 shares, the days-to-cover ratio is presently 0.6 days.

DoubleLine Commodity Strategy ETF Stock Up 0.1%

DCMT stock traded up $0.02 during mid-day trading on Friday, reaching $38.06. 1,746 shares of the stock traded hands, compared to its average volume of 6,071. DoubleLine Commodity Strategy ETF has a 52 week low of $26.02 and a 52 week high of $38.81. The business has a 50-day moving average of $36.28 and a two-hundred day moving average of $34.43.

Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF

An institutional investor recently bought a new stake in DoubleLine Commodity Strategy ETF stock. Walser Wealth Management Company A Ltd Liability Co acquired a new position in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,757 shares of the company’s stock, valued at approximately $307,000. Walser Wealth Management Company A Ltd Liability Co owned about 1.22% of DoubleLine Commodity Strategy ETF at the end of the most recent reporting period.

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.