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

DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) was the target of a large decline in short interest in 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. Based on an average trading volume of 34,525 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of DoubleLine Commercial Real Estate ETF

Several hedge funds and other institutional investors have recently modified their holdings of DCRE. Raymond James Financial Inc. bought a new position in DoubleLine Commercial Real Estate ETF in the 2nd quarter worth approximately $40,000. PNC Financial Services Group Inc. purchased a new position in DoubleLine Commercial Real Estate ETF in the 1st quarter valued at approximately $47,000. Cornerstone Planning Group LLC bought a new stake in DoubleLine Commercial Real Estate ETF during the 1st quarter valued at $50,000. Fifth Third Bancorp bought a new stake in DoubleLine Commercial Real Estate ETF during the 1st quarter valued at $123,000. Finally, Root Financial Partners LLC purchased a new stake in shares of DoubleLine Commercial Real Estate ETF during the first quarter worth $167,000.

DoubleLine Commercial Real Estate ETF Price Performance

NYSEARCA DCRE traded down $0.04 during trading on Friday, hitting $51.63. 50,631 shares of the company’s stock traded hands, compared to its average volume of 41,305. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.38 and a 12-month high of $52.56. The business has a 50 day moving average of $51.62 and a 200-day moving average of $51.81.

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.