DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 4,653 shares, a decline of 46.6% from the September 30th total of 8,707 shares. Based on an average daily volume of 11,470 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are short sold.
DoubleLine Commodity Strategy ETF Trading Down 0.4%
NYSEARCA:DCMT traded down $0.14 during trading hours on Friday, reaching $38.70. The company’s stock had a trading volume of 45,712 shares, compared to its average volume of 7,209. DoubleLine Commodity Strategy ETF has a one year low of $26.02 and a one year high of $39.49. The business’s 50-day moving average is $37.61 and its 200-day moving average is $33.52.
Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF
An institutional investor recently bought a new stake in DoubleLine Commodity Strategy ETF stock. Avior Wealth Management LLC purchased a new stake in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 5,900 shares of the company’s stock, valued at approximately $221,000. Avior Wealth Management LLC owned about 0.48% of DoubleLine Commodity Strategy ETF at the end of the most recent 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.
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