DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 7,000 shares, a growth of 1,123.8% from the April 30th total of 572 shares. Based on an average daily trading volume, of 5,904 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the shares of the stock are short sold.
Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF
A number of institutional investors have recently bought and sold shares of DCMT. Jane Street Group LLC acquired a new stake in DoubleLine Commodity Strategy ETF during the 2nd quarter worth about $215,000. Foundations Investment Advisors LLC boosted its position in DoubleLine Commodity Strategy ETF by 3.2% during 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. Global Wealth Management Investment Advisory Inc. boosted its position 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 worth $1,448,000 after acquiring an additional 2,018 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in DoubleLine Commodity Strategy ETF during the 4th quarter worth about $307,000. Finally, Lewis Asset Management LLC acquired a new stake in DoubleLine Commodity Strategy ETF during the 1st quarter worth about $477,000.
DoubleLine Commodity Strategy ETF Trading Down 0.8%
Shares of NYSEARCA:DCMT traded down $0.28 during midday trading on Friday, reaching $34.12. The company had a trading volume of 4,571 shares, compared to its average volume of 5,526. DoubleLine Commodity Strategy ETF has a 1-year low of $25.14 and a 1-year high of $36.41. The company has a fifty day simple moving average of $34.13 and a two-hundred day simple moving average of $30.06.
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.
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