iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Up 1,397.7% in February

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,389,986 shares, a growth of 1,397.7% from the January 29th total of 159,572 shares. Approximately 5.6% of the company’s stock are short sold. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is currently 1.8 days. Approximately 5.6% of the company’s stock are short sold.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

GSG opened at $25.63 on Thursday. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $26.33. The firm has a market capitalization of $1.10 billion, a PE ratio of 4.78 and a beta of 0.25. The company’s 50-day moving average is $24.28 and its 200 day moving average is $23.38.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GSG. Amundi grew its holdings in iShares S&P GSCI Commodity-Indexed Trust by 41.5% during the first quarter. Amundi now owns 7,500 shares of the company’s stock worth $165,000 after buying an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 41.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after acquiring an additional 79,531 shares during the last quarter. Jane Street Group LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the 1st quarter worth $5,902,000. First National Trust Co grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 3.2% in the 2nd quarter. First National Trust Co now owns 15,476 shares of the company’s stock worth $341,000 after acquiring an additional 476 shares in the last quarter. Finally, Aspect Partners LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth about $524,000. Hedge funds and other institutional investors own 60.67% of the company’s stock.

About iShares S&P GSCI Commodity-Indexed Trust

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.