iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Down 55.9% in February

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 54,435 shares, a drop of 55.9% from the January 29th total of 123,349 shares. Based on an average trading volume of 393,607 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 393,607 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in COMT. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock worth $114,670,000 after acquiring an additional 4,526,175 shares in the last quarter. Tradewinds Capital Management LLC increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 14,612.1% in the third quarter. Tradewinds Capital Management LLC now owns 1,111,648 shares of the company’s stock valued at $29,848,000 after purchasing an additional 1,104,092 shares during the last quarter. TRUE Private Wealth Advisors acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $16,741,000. SkyView Investment Advisors LLC acquired a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth approximately $11,722,000. Finally, Vontobel Holding Ltd. lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% during the 4th quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock worth $14,984,000 after buying an additional 391,500 shares during the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.1%

COMT stock traded up $0.30 during midday trading on Friday, hitting $28.02. The company’s stock had a trading volume of 101,513 shares, compared to its average volume of 267,838. The firm has a 50-day simple moving average of $26.25 and a 200-day simple moving average of $26.49. The firm has a market capitalization of $706.15 million, a P/E ratio of -13.53 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $23.11 and a 52-week high of $28.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.9271 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is currently -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.