Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Expands By 101.0%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 128,458 shares, a growth of 101.0% from the December 15th total of 63,898 shares. Based on an average daily trading volume, of 79,921 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.1% of the shares of the stock are sold short. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 79,921 shares, the days-to-cover ratio is presently 1.6 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

CMDY traded down $0.10 during trading on Friday, hitting $50.55. 5,810 shares of the company traded hands, compared to its average volume of 36,352. The stock’s 50-day simple moving average is $52.29 and its two-hundred day simple moving average is $51.98. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $46.92 and a 1 year high of $56.24.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Large investors have recently made changes to their positions in the company. CWM LLC boosted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% during the third quarter. CWM LLC now owns 485 shares of the company’s stock valued at $26,000 after buying an additional 423 shares during the last quarter. Advisory Services Network LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the 3rd quarter worth approximately $157,000. Seaside Wealth Management Inc. purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter worth approximately $225,000. Valmark Advisers Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 10.4% during the 2nd quarter. Valmark Advisers Inc. now owns 4,784 shares of the company’s stock valued at $241,000 after acquiring an additional 450 shares during the last quarter. Finally, Fifth Third Securities Inc. grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.2% in the second quarter. Fifth Third Securities Inc. now owns 6,027 shares of the company’s stock valued at $304,000 after purchasing an additional 455 shares in the last quarter.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.