DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Down 48.9% in July

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 988 shares, a decrease of 48.9% from the June 30th total of 1,932 shares. Based on an average daily volume of 5,825 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

DoubleLine Commodity Strategy ETF Price Performance

DoubleLine Commodity Strategy ETF stock traded up $0.75 during trading on Wednesday, reaching $33.56. The company had a trading volume of 1,128 shares, compared to its average volume of 5,759. DoubleLine Commodity Strategy ETF has a 12-month low of $25.78 and a 12-month high of $36.41. The stock’s 50 day moving average price is $32.96 and its two-hundred day moving average price is $31.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in shares of DoubleLine Commodity Strategy ETF in the second quarter worth $215,000. Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of DoubleLine Commodity Strategy ETF in the fourth quarter valued at $307,000. Lewis Asset Management LLC acquired a new stake in DoubleLine Commodity Strategy ETF during 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 worth $1,448,000 after buying an additional 2,018 shares in the last quarter. Finally, Foundations Investment Advisors LLC boosted its position in DoubleLine Commodity Strategy ETF by 16.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock valued at $18,841,000 after buying an additional 103,834 shares during 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.