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

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 58,793 shares, a growth of 368.2% from the February 12th total of 12,558 shares. Based on an average daily volume of 38,447 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.9% of the company’s shares are sold short. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 38,447 shares, the days-to-cover ratio is currently 1.5 days.

Hedge Funds Weigh In On DoubleLine Commercial Real Estate ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its stake in DoubleLine Commercial Real Estate ETF by 85.3% in the first quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock worth $1,107,000 after purchasing an additional 9,824 shares during the period. Foundations Investment Advisors LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 138.3% during the second quarter. Foundations Investment Advisors LLC now owns 331,830 shares of the company’s stock valued at $17,266,000 after purchasing an additional 192,606 shares during the period. Tortoise Investment Management LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 1,912.7% during the second quarter. Tortoise Investment Management LLC now owns 208,916 shares of the company’s stock valued at $10,870,000 after purchasing an additional 198,536 shares during the period. Franklin Resources Inc. grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 146.8% in the second quarter. Franklin Resources Inc. now owns 50,239 shares of the company’s stock worth $2,614,000 after purchasing an additional 29,881 shares during the last quarter. Finally, Independent Family Office LLC grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 53.8% in the second quarter. Independent Family Office LLC now owns 57,623 shares of the company’s stock worth $2,998,000 after purchasing an additional 20,150 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Stock Down 0.0%

NYSEARCA DCRE traded down $0.02 during trading on Tuesday, hitting $52.06. The stock had a trading volume of 20,856 shares, compared to its average volume of 32,186. DoubleLine Commercial Real Estate ETF has a one year low of $51.43 and a one year high of $53.11. The stock has a 50 day simple moving average of $52.10 and a 200 day simple moving average of $52.07.

DoubleLine Commercial Real Estate ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a dividend of $0.1944 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.