iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Significant Decrease in Short Interest

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 23,837 shares, a decline of 64.9% from the August 15th total of 67,914 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 58,476 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

A number of large investors have recently added to or reduced their stakes in CMDY. Silver Oak Securities Incorporated increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 0.9% during the first quarter. Silver Oak Securities Incorporated now owns 22,180 shares of the company’s stock worth $1,318,000 after purchasing an additional 206 shares during the period. Pullen Investment Management LLC raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.7% in the first quarter. Pullen Investment Management LLC now owns 9,114 shares of the company’s stock valued at $542,000 after buying an additional 237 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 4.2% in the third quarter. Focus Partners Wealth now owns 7,732 shares of the company’s stock valued at $407,000 after buying an additional 315 shares during the period. Valmark Advisers Inc. boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 5.8% in the first quarter. Valmark Advisers Inc. now owns 6,605 shares of the company’s stock valued at $392,000 after buying an additional 360 shares during the period. Finally, Faithward Advisors LLC grew its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% during the fourth quarter. Faithward Advisors LLC now owns 5,961 shares of the company’s stock worth $291,000 after buying an additional 447 shares in the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

NYSEARCA:CMDY traded down $0.87 on Friday, hitting $65.29. The company’s stock had a trading volume of 94,766 shares, compared to its average volume of 78,631. iShares Bloomberg Roll Select Commodity Strategy ETF has a one year low of $47.63 and a one year high of $66.16. The stock has a fifty day moving average of $60.59 and a two-hundred day moving average of $59.44.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

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.