Short Interest in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Decreases By 31.4%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 2,277 shares, a drop of 31.4% from the December 31st total of 3,321 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 3,263 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 3,263 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Global Wealth Management Investment Advisory Inc. grew its position in DoubleLine Commodity Strategy ETF by 8.0% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock worth $1,283,000 after buying an additional 3,688 shares during the period. Jane Street Group LLC purchased a new stake in shares of DoubleLine Commodity Strategy ETF during the 2nd quarter worth approximately $215,000. Finally, Foundations Investment Advisors LLC grew 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 acquiring an additional 19,261 shares during the period.

DoubleLine Commodity Strategy ETF Trading Down 1.6%

DoubleLine Commodity Strategy ETF stock traded down $0.46 during mid-day trading on Friday, hitting $28.34. The company’s stock had a trading volume of 7,518 shares, compared to its average volume of 4,676. DoubleLine Commodity Strategy ETF has a 1 year low of $23.79 and a 1 year high of $28.97. The stock’s fifty day moving average is $27.02 and its two-hundred day moving average is $26.87.

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.