Short Interest in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) Decreases By 44.4%

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 12,558 shares, a decline of 44.4% from the January 29th total of 22,591 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 20,498 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 20,498 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of DoubleLine Commercial Real Estate ETF

A number of hedge funds have recently made changes to their positions in DCRE. Raymond James Financial Inc. bought a new position in DoubleLine Commercial Real Estate ETF in the second quarter valued at $40,000. Osaic Holdings Inc. boosted its holdings in shares of DoubleLine Commercial Real Estate ETF by 9,905.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,602 shares of the company’s stock worth $187,000 after purchasing an additional 3,566 shares in the last quarter. Comerica Bank increased its position in shares of DoubleLine Commercial Real Estate ETF by 12.0% during the 3rd quarter. Comerica Bank now owns 3,770 shares of the company’s stock valued at $196,000 after purchasing an additional 405 shares during the last quarter. A4 Wealth Advisors LLC bought a new position in shares of DoubleLine Commercial Real Estate ETF during the 3rd quarter valued at about $232,000. Finally, Brucke Financial Inc. purchased a new position in shares of DoubleLine Commercial Real Estate ETF during the 4th quarter valued at about $257,000.

DoubleLine Commercial Real Estate ETF Trading Up 0.1%

Shares of DCRE traded up $0.05 during mid-day trading on Friday, reaching $52.38. The company had a trading volume of 198,442 shares, compared to its average volume of 32,388. The company’s 50 day simple moving average is $52.07 and its 200 day simple moving average is $52.06. DoubleLine Commercial Real Estate ETF has a 1-year low of $51.43 and a 1-year high of $53.11.

DoubleLine Commercial Real Estate ETF Increases Dividend

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

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.