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

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 4,056 shares, a growth of 389.9% from the February 26th total of 828 shares. Based on an average daily trading volume, of 4,501 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,501 shares, the days-to-cover ratio is presently 0.9 days.

DoubleLine Commodity Strategy ETF Price Performance

Shares of NYSEARCA:DCMT traded down $0.57 during midday trading on Wednesday, hitting $31.98. The company had a trading volume of 351 shares, compared to its average volume of 5,155. The business’s 50-day simple moving average is $29.19 and its 200-day simple moving average is $27.74. DoubleLine Commodity Strategy ETF has a twelve month low of $23.79 and a twelve month high of $33.56.

Hedge Funds Weigh In On DoubleLine Commodity Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of DCMT. Foundations Investment Advisors LLC increased its holdings in shares of DoubleLine Commodity Strategy ETF by 16.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock worth $18,841,000 after buying an additional 103,834 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new position in DoubleLine Commodity Strategy ETF in the fourth quarter valued at approximately $307,000. Jane Street Group LLC purchased a new position in DoubleLine Commodity Strategy ETF in the second quarter worth approximately $215,000. Finally, Global Wealth Management Investment Advisory Inc. increased its stake in DoubleLine Commodity Strategy ETF by 7.4% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 53,471 shares of the company’s stock worth $1,445,000 after acquiring an additional 3,685 shares during the last quarter.

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.