DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Stock Short Interest Report for October

by · The Markets Daily

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 59,327 shares, a growth of 1,175.0% from the October 15th total of 4,653 shares. Based on an average daily volume of 23,122 shares, the short-interest ratio is presently 2.6 days. Approximately 4.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DCMT. Global Wealth Management Investment Advisory Inc. grew its stake in shares of DoubleLine Commodity Strategy ETF by 3.1% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 58,081 shares of the company’s stock worth $2,172,000 after acquiring an additional 1,749 shares during the last quarter. Avior Wealth Management LLC bought a new position in DoubleLine Commodity Strategy ETF during the third quarter worth $221,000. Finally, Walser Wealth Management Company A Ltd Liability Co bought a new position in DoubleLine Commodity Strategy ETF during the third quarter worth $206,000.

DoubleLine Commodity Strategy ETF Price Performance

NYSEARCA:DCMT traded down $0.13 during mid-day trading on Tuesday, hitting $35.49. 11,577 shares of the company’s stock traded hands, compared to its average volume of 7,943. The firm has a 50 day moving average of $37.76 and a two-hundred day moving average of $33.84. DoubleLine Commodity Strategy ETF has a 12 month low of $26.02 and a 12 month high of $39.49.

DoubleLine Commodity Strategy ETF Company Profile

(Get Free Report)

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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