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

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 8,365 shares, a decline of 47.1% from the July 30th total of 15,819 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 34,525 shares, the days-to-cover ratio is currently 0.2 days.

DoubleLine Commercial Real Estate ETF Price Performance

NYSEARCA:DCRE traded down $0.04 on Monday, hitting $51.59. The company had a trading volume of 58,720 shares, compared to its average volume of 41,410. The firm has a 50 day moving average of $51.62 and a two-hundred day moving average of $51.80. DoubleLine Commercial Real Estate ETF has a 52 week low of $51.38 and a 52 week high of $52.56.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DCRE. Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Commercial Real Estate ETF by 63.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 521,381 shares of the company’s stock valued at $27,060,000 after buying an additional 203,133 shares during the period. Thrivent Financial for Lutherans boosted 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 period. SBE LLC DBA Cedar Cove Wealth Partners acquired a new stake in DoubleLine Commercial Real Estate ETF during the 4th quarter worth approximately $4,506,000. Virtu Financial LLC bought a new stake in DoubleLine Commercial Real Estate ETF during the 3rd quarter worth approximately $3,353,000. Finally, Franklin Resources Inc. grew its holdings in DoubleLine Commercial Real Estate ETF by 135.0% during the 4th quarter. Franklin Resources Inc. now owns 94,613 shares of the company’s stock worth $4,910,000 after acquiring an additional 54,353 shares during the last quarter.

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.