DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Update

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 7,000 shares, a growth of 1,123.8% from the April 30th total of 572 shares. Based on an average daily trading volume, of 5,904 shares, the short-interest ratio is currently 1.2 days. Currently, 0.6% of the shares of the stock are sold short.

DoubleLine Commodity Strategy ETF Trading Down 1.6%

Shares of NYSEARCA:DCMT traded down $0.54 during midday trading on Wednesday, reaching $34.10. 5,610 shares of the company’s stock traded hands, compared to its average volume of 5,532. The company has a fifty day simple moving average of $34.09 and a two-hundred day simple moving average of $29.98. DoubleLine Commodity Strategy ETF has a 1 year low of $25.14 and a 1 year high of $36.41.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in DoubleLine Commodity Strategy ETF in the 2nd quarter valued at $215,000. Walser Wealth Management Company A Ltd Liability Co purchased a new position in DoubleLine Commodity Strategy ETF in the 4th quarter valued at $307,000. Lewis Asset Management LLC purchased a new position in DoubleLine Commodity Strategy ETF in the 1st quarter valued at $477,000. Global Wealth Management Investment Advisory Inc. lifted its holdings in DoubleLine Commodity Strategy ETF by 3.8% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock valued at $1,448,000 after purchasing an additional 2,018 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in DoubleLine Commodity Strategy ETF by 3.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 618,117 shares of the company’s stock valued at $16,705,000 after purchasing an additional 19,261 shares in the last quarter.

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.