iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Up 131.6% in February

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 107,097 shares, a growth of 131.6% from the January 29th total of 46,247 shares. Based on an average daily volume of 95,511 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.6% of the company’s shares are sold short. Approximately 1.6% of the company’s shares are sold short. Based on an average daily volume of 95,511 shares, the days-to-cover ratio is currently 1.1 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 1.1%

Shares of NYSEARCA CMDY traded up $0.61 during midday trading on Friday, hitting $54.59. The company’s stock had a trading volume of 344,729 shares, compared to its average volume of 75,460. The business’s 50 day moving average is $51.73 and its two-hundred day moving average is $52.43. iShares Bloomberg Roll Select Commodity Strategy ETF has a 12-month low of $46.92 and a 12-month high of $57.17.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. CW Advisors LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 2nd quarter valued at $5,468,000. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after buying an additional 55,861 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 23.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 267,743 shares of the company’s stock worth $13,498,000 after buying an additional 49,982 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 2nd quarter worth approximately $605,000. Finally, Brighton Jones LLC bought a new position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $340,000.

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.