DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Down 76.0% in December

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 4,820 shares, a decrease of 76.0% from the December 15th total of 20,105 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 20,614 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 20,614 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

DoubleLine Commercial Real Estate ETF Stock Performance

NYSEARCA DCRE traded down $0.01 during trading hours on Tuesday, reaching $52.02. The company’s stock had a trading volume of 3,287 shares, compared to its average volume of 18,342. The company’s 50-day moving average is $52.02 and its two-hundred day moving average is $52.00. DoubleLine Commercial Real Estate ETF has a 1-year low of $51.30 and a 1-year high of $53.11.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DCRE. Jane Street Group LLC increased its holdings in DoubleLine Commercial Real Estate ETF by 85.3% during the 1st quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock valued at $1,107,000 after acquiring an additional 9,824 shares in the last quarter. Seascape Capital Management raised its holdings in DoubleLine Commercial Real Estate ETF by 2.6% in the second quarter. Seascape Capital Management now owns 151,292 shares of the company’s stock valued at $7,872,000 after buying an additional 3,869 shares during the period. Optima Capital LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF by 7.5% in the second quarter. Optima Capital LLC now owns 31,747 shares of the company’s stock valued at $1,652,000 after buying an additional 2,203 shares in the last quarter. Kathmere Capital Management LLC increased its position in shares of DoubleLine Commercial Real Estate ETF by 10.6% during the second quarter. Kathmere Capital Management LLC now owns 440,469 shares of the company’s stock worth $22,919,000 after acquiring an additional 42,156 shares during the last quarter. Finally, Naples Global Advisors LLC increased its holdings in DoubleLine Commercial Real Estate ETF by 53.7% in the second quarter. Naples Global Advisors LLC now owns 25,450 shares of the company’s stock valued at $1,324,000 after buying an additional 8,895 shares during the last quarter.

About DoubleLine Commercial Real Estate ETF

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.