Short Interest in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Rises By 1,123.8%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 7,000 shares, an increase of 1,123.8% from the April 30th total of 572 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 5,904 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On DoubleLine Commodity Strategy ETF

A number of hedge funds have recently modified their holdings of DCMT. Jane Street Group LLC acquired a new position in shares of DoubleLine Commodity Strategy ETF in the 2nd quarter worth approximately $215,000. Foundations Investment Advisors LLC raised its holdings in shares of DoubleLine Commodity Strategy ETF by 3.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 618,117 shares of the company’s stock worth $16,705,000 after buying an additional 19,261 shares in the last quarter. Global Wealth Management Investment Advisory Inc. increased its holdings in DoubleLine Commodity Strategy ETF by 3.8% during the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock valued at $1,448,000 after purchasing an additional 2,018 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in DoubleLine Commodity Strategy ETF during the 4th quarter valued at $307,000. Finally, Lewis Asset Management LLC acquired a new stake in DoubleLine Commodity Strategy ETF during the 1st quarter valued at $477,000.

DoubleLine Commodity Strategy ETF Trading Up 0.3%

DoubleLine Commodity Strategy ETF stock traded up $0.11 during trading hours on Thursday, hitting $34.21. The stock had a trading volume of 2,557 shares, compared to its average volume of 5,484. The company has a 50-day moving average of $34.09 and a two-hundred day moving average of $29.98. DoubleLine Commodity Strategy ETF has a fifty-two week low of $25.14 and a fifty-two week high of $36.41.

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.