DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Shares Shorted: Short Interest Up 1,332.1% in September

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 8,707 shares, an increase of 1,332.1% from the September 15th total of 608 shares. Based on an average daily trading volume, of 13,953 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the company’s stock are sold short.

DoubleLine Commodity Strategy ETF Stock Performance

Shares of NYSEARCA:DCMT traded up $0.02 during mid-day trading on Friday, hitting $38.06. 1,746 shares of the company traded hands, compared to its average volume of 6,071. DoubleLine Commodity Strategy ETF has a 52-week low of $26.02 and a 52-week high of $38.81. The firm’s 50 day simple moving average is $36.28 and its 200 day simple moving average is $34.43.

Institutional Trading of DoubleLine Commodity Strategy ETF

An institutional investor recently bought a new stake in DoubleLine Commodity Strategy ETF stock. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,757 shares of the company’s stock, valued at approximately $307,000. Walser Wealth Management Company A Ltd Liability Co owned 1.22% of DoubleLine Commodity Strategy ETF as of its most recent SEC filing.

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.