DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,635 shares, a decrease of 60.4% from the August 15th total of 4,124 shares. Based on an average trading volume of 3,648 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
DoubleLine Commodity Strategy ETF Stock Down 1.3%
Shares of DoubleLine Commodity Strategy ETF stock opened at $38.03 on Friday. The business has a fifty day simple moving average of $34.35 and a two-hundred day simple moving average of $33.48. DoubleLine Commodity Strategy ETF has a 1 year low of $26.02 and a 1 year high of $38.54.
Institutional Trading of DoubleLine Commodity Strategy ETF
A number of hedge funds have recently modified their holdings of DCMT. Foundations Investment Advisors LLC boosted its holdings in shares of DoubleLine Commodity Strategy ETF by 16.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock worth $18,841,000 after buying an additional 103,834 shares during the period. Lewis Asset Management LLC acquired a new position in DoubleLine Commodity Strategy ETF in the 1st quarter valued at about $477,000. Walser Wealth Management Company A Ltd Liability Co bought a new position in DoubleLine Commodity Strategy ETF in the 4th quarter valued at about $307,000. Finally, Jane Street Group LLC bought a new position in DoubleLine Commodity Strategy ETF in the 2nd quarter valued at about $215,000.
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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