DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Short Interest Update

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 22,591 shares, a growth of 1,710.2% from the January 15th total of 1,248 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 35,655 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 35,655 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Foundations Investment Advisors LLC raised its stake in shares of DoubleLine Commercial Real Estate ETF by 63.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 521,381 shares of the company’s stock worth $27,060,000 after purchasing an additional 203,133 shares during the last quarter. Tortoise Investment Management LLC increased its stake in DoubleLine Commercial Real Estate ETF by 9.9% in the 4th quarter. Tortoise Investment Management LLC now owns 264,905 shares of the company’s stock valued at $13,749,000 after buying an additional 23,944 shares during the period. Csenge Advisory Group raised its position in DoubleLine Commercial Real Estate ETF by 0.9% during the 4th quarter. Csenge Advisory Group now owns 23,901 shares of the company’s stock worth $1,240,000 after buying an additional 202 shares during the last quarter. Thrivent Financial for Lutherans raised its position in DoubleLine Commercial Real Estate ETF by 62.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 278,797 shares of the company’s stock worth $14,468,000 after buying an additional 106,771 shares during the last quarter. Finally, Global Wealth Management Investment Advisory Inc. lifted its stake in shares of DoubleLine Commercial Real Estate ETF by 7.6% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 110,036 shares of the company’s stock worth $5,711,000 after acquiring an additional 7,786 shares during the period.

DoubleLine Commercial Real Estate ETF Trading Up 0.1%

DoubleLine Commercial Real Estate ETF stock traded up $0.06 during midday trading on Tuesday, hitting $52.15. 19,209 shares of the company’s stock were exchanged, compared to its average volume of 31,904. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.43 and a 12-month high of $53.11. The firm’s 50 day simple moving average is $52.02 and its 200 day simple moving average is $52.03.

DoubleLine Commercial Real Estate ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2104 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from DoubleLine Commercial Real Estate ETF’s previous monthly dividend of $0.20.

DoubleLine Commercial Real Estate ETF Company Profile

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.