DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Stock Short Interest Jumps 1,332.1%

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 8,707 shares, an increase of 1,332.1% from the September 15th total of 608 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,953 shares, the short-interest ratio is currently 0.6 days.

DoubleLine Commodity Strategy ETF Trading Up 0.1%

DCMT traded up $0.02 on Friday, hitting $38.06. 1,746 shares of the company were exchanged, compared to its average volume of 6,071. DoubleLine Commodity Strategy ETF has a fifty-two week low of $26.02 and a fifty-two week high of $38.81. The business’s fifty day moving average is $36.28 and its 200 day moving average is $34.43.

Institutional Investors Weigh In On DoubleLine Commodity Strategy ETF

An institutional investor recently bought a new stake in DoubleLine Commodity Strategy ETF stock. Lewis Asset Management LLC acquired a new position in shares of DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,316 shares of the company’s stock, valued at approximately $477,000. Lewis Asset Management LLC owned about 1.33% of DoubleLine Commodity Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

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.