Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Down 75.3% in June

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 13,240 shares, a decline of 75.3% from the May 31st total of 53,654 shares. Based on an average daily volume of 247,693 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Direxion Auspice Broad Commodity Strategy ETF Trading Down 0.2%

Shares of COM stock traded down $0.07 on Monday, reaching $32.50. 27,029 shares of the stock were exchanged, compared to its average volume of 162,149. Direxion Auspice Broad Commodity Strategy ETF has a one year low of $27.46 and a one year high of $35.62. The stock has a 50 day moving average price of $33.85 and a 200 day moving average price of $32.36.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at approximately $26,000. Ball & Co Wealth Management Inc. bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter worth about $39,000. Kestra Advisory Services LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth about $99,000. Envision Financial Transparency LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter worth approximately $310,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at $333,000.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.