DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,932 shares, a drop of 42.3% from the June 15th total of 3,346 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,338 shares, the days-to-cover ratio is presently 0.4 days.
DoubleLine Commodity Strategy ETF Trading Up 1.2%
DoubleLine Commodity Strategy ETF stock opened at $33.36 on Friday. DoubleLine Commodity Strategy ETF has a twelve month low of $25.78 and a twelve month high of $36.41. The firm’s 50 day moving average price is $33.30 and its two-hundred day moving average price is $31.39.
Institutional Trading of DoubleLine Commodity Strategy ETF
Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in DoubleLine Commodity Strategy ETF in the 2nd quarter worth about $215,000. Walser Wealth Management Company A Ltd Liability Co bought a new stake in shares of DoubleLine Commodity Strategy ETF in the 4th quarter valued at approximately $307,000. Lewis Asset Management LLC acquired a new position in DoubleLine Commodity Strategy ETF in the first quarter worth approximately $477,000. Global Wealth Management Investment Advisory Inc. raised its position in DoubleLine Commodity Strategy ETF by 3.8% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock valued at $1,448,000 after acquiring an additional 2,018 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its stake in DoubleLine Commodity Strategy ETF by 16.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock valued at $18,841,000 after acquiring an additional 103,834 shares during the last quarter.
DoubleLine Commodity Strategy ETF Company Profile
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.
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