iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 622,948 shares, an increase of 556.6% from the June 30th total of 94,878 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 419,997 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock valued at $480,000 after purchasing an additional 2,171 shares in the last quarter. Jane Street Group LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after buying an additional 4,304 shares in the last quarter. Creative Planning acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth $323,000. Baird Financial Group Inc. increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the second quarter. Baird Financial Group Inc. now owns 53,265 shares of the company’s stock worth $1,377,000 after buying an additional 3,424 shares during the last quarter. Finally, Cerity Partners LLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.8% during the second quarter. Cerity Partners LLC now owns 51,156 shares of the company’s stock worth $1,322,000 after acquiring an additional 12,053 shares in the last quarter. 1.80% of the stock is owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 0.2%

Shares of NASDAQ:COMT traded down $0.08 during mid-day trading on Friday, reaching $33.11. The stock had a trading volume of 85,376 shares, compared to its average volume of 568,773. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $24.24 and a twelve month high of $36.65. The firm has a market cap of $1.21 billion, a PE ratio of -16.00 and a beta of 0.09. The firm has a 50 day simple moving average of $32.63 and a two-hundred day simple moving average of $31.26.

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.