GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Sees Large Decrease in Short Interest

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 30,900 shares, a drop of 30.9% from the September 30th total of 44,700 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the shares of the company are sold short.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Price Performance

NYSEARCA COMB traded up $0.22 on Monday, reaching $22.59. The stock had a trading volume of 402,054 shares, compared to its average volume of 41,206. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 12-month low of $19.71 and a 12-month high of $22.59. The business’s 50-day moving average price is $21.77 and its 200 day moving average price is $21.31.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Several institutional investors and hedge funds have recently bought and sold shares of COMB. Comerica Bank acquired a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter worth $28,000. Osaic Holdings Inc. raised its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% in the second quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock valued at $67,000 after buying an additional 2,083 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 2.7% in the second quarter. Janney Montgomery Scott LLC now owns 27,381 shares of the company’s stock valued at $575,000 after buying an additional 728 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the first quarter worth about $630,000. Finally, Brooklyn Investment Group purchased a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the first quarter worth about $653,000.

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities.